New York S 10388: Defines satisfaction of judgment and authorizing satisfactions to be filed on affirmation

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S10388 Summary:

BILL NOS10388 

&nbsp

SAME ASSAME AS A10393-A

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SPONSORSANDERS

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COSPNSR

&nbsp

MLTSPNSR

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Amd §5020, CPLR

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Defines the term "satisfaction" in relation to the satisfaction of judgments; allows satisfaction of judgments to be filed by affirmation rather than after notarization; increases the time during which attorneys may file satisfaction of judgment from ten to twenty years; clarifies that the twenty-day time limit applicable to filing satisfactions of judgment is measured in business days.

Go to top S10388 Actions:

BILL NOS10388 

&nbsp

05/15/2026REFERRED TO JUDICIARY

Go to topS10388 Committee&nbspVotes:

Go to topS10388 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS10388 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10388

 IN SENATE

 May 15, 2026
 ___________

 Introduced by Sen. SANDERS -- 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 defin-
 ing satisfaction of judgment and authorizing satisfactions to be filed
 on affirmation

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 5020 of the civil practice law and rules, as
 2 amended by chapter 1051 of the laws of 1969, subdivision (a) as amended
 3 by chapter 148 of the laws of 1979, subdivision (b) as amended by chap-
 4 ter 41 of the laws of 1977, subdivision (c) as amended by chapter 227 of
 5 the laws of 2020, and subdivision (d) as added by chapter 601 of the
 6 laws of 1974, is amended to read as follows:
 7 § 5020. Satisfaction-piece. (a) As used in this section, the term
 8 "satisfaction" shall mean (i) the receipt and clearance of funds in
 9 satisfaction of a judgment by the judgment creditor or the attorney for
 10 the judgment creditor, or (ii) receipt by the judgment creditor or the
 11 attorney for the judgment creditor of notice from a sheriff that a judg-
 12 ment is satisfied.
 13 (b) Generally. When a person entitled to enforce a judgment receives
 14 satisfaction or partial satisfaction of the judgment, [he] such person
 15 shall execute and file with the proper clerk pursuant to subdivision (a)
 16 of section 5021, a satisfaction-piece or partial satisfaction-piece
 17 [acknowledged in the form required to entitle a deed to be recorded]
 18 affirmed consistently with rule 2106, which shall set forth the book and
 19 page where the judgment is docketed. A copy of the satisfaction-piece or
 20 partial satisfaction-piece filed with the clerk shall be mailed to the
 21 judgment debtor by the person entitled to enforce the judgment within
 22 ten days after the date of filing.
 23 [(b)] (c) Attorney of record. Within [ten] twenty years after the
 24 entry of a judgment the attorney of record or the attorney named on the
 25 docket for the judgment creditor may execute a satisfaction-piece or a
 26 partial satisfaction-piece, but if [his] such attorney's authority was
 27 revoked before it was executed, the judgment may nevertheless be

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14386-03-6

 S. 10388 2

 1 enforced against a person who had actual notice of the revocation before
 2 a payment on the judgment was made or a purchase of property bound by it
 3 was effected.
 4 [(c)] (d) When a judgment for less than five thousand dollars is fully
 5 satisfied, if the person required to execute and file with the proper
 6 clerk pursuant to subdivisions [(a) and (d)] (b) and (e) of this section
 7 fails or refuses to do so within twenty business days after receiving
 8 full satisfaction, then the judgment creditor shall be subject to a
 9 penalty of one hundred dollars recoverable by the judgment debtor pursu-
 10 ant to section [seventy-two hundred two of this chapter] 7202 or article
 11 eighteen of either the New York [City] city civil court act, uniform
 12 district court act or uniform city court act. When a judgment for five
 13 thousand dollars or more is fully satisfied, if the person required to
 14 execute and file with the proper clerk pursuant to subdivisions [(a) and
 15 (d)] (b) and (