Senate Bill S4697

2021-2022 Legislative Session

Relates to electronic signatures and salvage title

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-S4697 (ACTIVE) - Details

See Assembly Version of this Bill:
A5384
Current Committee:
Assembly Judiciary
Law Section:
General Obligations Law
Laws Affected:
Amd §5-1501B, Gen Ob L; amd §307, St Tech L
Versions Introduced in Other Legislative Sessions:
2019-2020: S5729
2023-2024: A1753

2021-S4697 (ACTIVE) - Summary

Relates to electronic signatures and salvage title.

2021-S4697 (ACTIVE) - Sponsor Memo

2021-S4697 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4697
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             February 9, 2021
                                ___________
 
 Introduced  by  Sen. BRESLIN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Judiciary
 
 AN ACT to amend the general obligations law  and  the  state  technology
   law, in relation to electronic signatures and salvage title
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 5-1501B of the general obligations law  is  amended
 by adding a new subdivision 5 to read as follows:
   5. NOTHING IN THIS TITLE SHALL PROHIBIT THE EXECUTION OF A VALID POWER
 OF  ATTORNEY  FOR  THE  PURPOSE OF TRANSFERRING A SALVAGE CERTIFICATE OF
 TITLE AND THE EXECUTION OF AN ODOMETER AND DAMAGE  DISCLOSURE  STATEMENT
 IN  CONNECTION  WITH  SUCH TITLE BY ELECTRONIC MEANS PURSUANT TO ARTICLE
 THREE OF THE STATE TECHNOLOGY LAW.
   § 2. Subdivision 1 of section 307 of  the  state  technology  law,  as
 amended  by  chapter  158  of  the  laws  of 2012, is amended to read as
 follows:
   1. To any document providing for the disposition  of  an  individual's
 person or property upon death or incompetence, or appointing a fiduciary
 of  an  individual's  person or property, including, without limitation,
 wills, trusts, decisions consenting to orders not to resuscitate, powers
 of attorney and health care proxies, with the exception of: (a) contrac-
 tual beneficiary designations; [and] (b)  the  registration  of  making,
 amending,  or  revoking  an  anatomical  gift  under section forty-three
 hundred ten of the public  health  law;  AND  (C)  WHENEVER  A  LOSS  IN
 CONNECTION WITH A PRIVATE AUTOMOBILE IS DETERMINED BY AN INSURER TO BE A
 TOTAL  LOSS OR CONSTRUCTIVE TOTAL LOSS UNDER SECTION THIRTY-FOUR HUNDRED
 TWELVE OF THE INSURANCE LAW, FOR THE PURPOSE OF TRANSFERRING  A  SALVAGE
 CERTIFICATE  OF  TITLE  AND  THE EXECUTION OF AN ODOMETER AND DISCLOSURE
 STATEMENT IN CONNECTION WITH SUCH TITLE, THE ELECTRONIC EXECUTION  OF  A
 POWER  OF  ATTORNEY  SHALL  BE  PERMISSIBLE  PROVIDED  THAT SIGNATURE IS
 AUTHENTICATED.
   § 3. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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