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NY S05369
Bill
Status
12/28/2018
Primary Sponsor
James Tedisco
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AI Summary
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Extends the deadline for repossessors to deliver or mail notice of repossession and license plates to the motor vehicle office from 24 hours to within 10 days after the repossession occurs.
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Changes the required mailing method for notice to the vehicle owner from registered or certified mail only to allow first class mail with a postal service certificate of mailing.
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Requires repossessors to immediately notify the local police department or equivalent agency of the repossession, then provide formal notice to the motor vehicle office within the extended 10-day period.
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Maintains the requirement that repossessors must give notice to the vehicle owner within 24 hours using either personal delivery, registered/certified mail, or first class mail with proof of mailing.
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Takes effect 30 days after becoming law.
Legislative Description
Relates to repossession of a motor vehicle or motorcycle; extends the time frame in which the repossessor of a motor vehicle must submit the license plates to the department of motor vehicles from 24 hours to 10 days.
Last Action
SIGNED CHAP.473
12/28/2018