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NY A11353

Bill

Official Source

Status

Introduced

9/19/2018

Primary Sponsor

Aravella Simotas

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends General Obligations Law by adding new section 5-1117 to require independent consideration for each confidentiality provision in settlement agreements
  • Defines "independent consideration" as something of value (a promise, act, or object) offered in exchange for each confidentiality provision
  • Takes effect immediately upon enactment
  • Referred to Committee on Judiciary as of September 19, 2018

Legislative Description

Requires independent consideration for each confidentiality provision in a settlement agreement.

Last Action

referred to judiciary

9/19/2018

Committee Referrals

Judiciary9/19/2018

Full Bill Text

No bill text available