STATE OF NEW YORK ________________________________________________________________________ 480 2017-2018 Regular Sessions IN SENATE (Prefiled) January 4, 2017 ___________ Introduced by Sen. PERALTA -- read twice and ordered printed, and when printed to be committed to the Committee on Judiciary AN ACT to amend the civil practice law and rules, in relation to limited liability of persons jointly liable The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 1602 of the civil practice law and rules is amended 2 by adding a new subdivision 14 to read as follows: 3 14. not apply to any person who owns, manages, and/or controls proper- 4 ty who is found to have failed to provide security as required by law, 5 rule or regulation. 6 § 2. This act shall take effect immediately and shall apply to causes 7 of action commenced or pending on or after such date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00049-01-7