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S05274 Summary:

BILL NOS05274
 
SAME ASSAME AS A04619
 
SPONSORSAVINO
 
COSPNSRKLEIN, HAMILTON
 
MLTSPNSR
 
Amd §301, Fin Serv L; amd §302, Pers Prop L; add §§417-c & 417-d, V & T L
 
Authorizes the superintendent of financial services to oversee and regulate car dealer transactions with consumers; requires motor vehicle retail installment contracts to include an itemized listing of all costs related to the purchase of a motor vehicle and disclosure of the prohibition of conditional delivery; requires motor vehicle dealers to provide credit applicants with copies of all credit application documents; prohibits the conditional delivery of a motor vehicle.
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