Loading chat...
NY A01227
Bill
Status
1/9/2025
Primary Sponsor
Jeffrey Dinowitz
Click for details
AI Summary
-
Creates a new lien right allowing vehicle owners to place liens on real and personal property of commercial towing companies for illegal or improper towing practices, with liens valid for amounts exceeding NYC's maximum allowable towing and storage charges
-
Requires commercial towers to provide written invoices signed by both parties stating costs before performing any towing or repair services, except for non-consensual tows
-
Adds illegal or improper towing practices as grounds for attachment under civil practice law, allowing plaintiffs to secure assets before judgment
-
Holds the ten largest shareholders of non-publicly traded corporations personally liable for judgments arising from illegal towing violations
-
Holds the ten members with the largest ownership interests in limited liability companies personally liable for judgments arising from illegal towing practices, piercing typical LLC liability protections
-
Liens must be filed within three years of the violation and remain effective for one year, with provisions for extensions through court orders or pending litigation
Legislative Description
Authorizes a lien against personal and real property of the owner of a commercial towing company for illegal and improper practices; creates personal liability for members of an LLC and certain corporate shareholders.
Last Action
referred to judiciary
1/7/2026