New York S 7471: Relates to supplemental uninsured/underinsured insurance; and extends certain provisions of the insurance law relating thereto

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S07471 Summary:

BILL NOS07471 

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SAME ASNo Same As

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SPONSORHOYLMAN-SIGAL

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COSPNSR

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MLTSPNSR

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Amd §§306, 306-a & 307, BC L; add §92-a, amd §§172-c & 173-c, Exec L; amd §19, Gen Assoc L; amd §§304, 301-A
& 303, Lim Lil L; amd §§306 & 307, N-PC L; amd §§121-104-A, 121-109, 121-1505 & 121-1506, Partn L; amd §§203,
216, 310 & 511, Tax L; amd §§11-609, 11-659 & 11-665, NYC Ad Cd; amd §§339-n & 442-g, RP L; amd §§250 &
352-b, Gen Bus L; amd §§48 & 74, Nav L; amd §253, V & T L

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Expands service of process to the department of state in the city of New York.

Go to top S07471 Actions:

BILL NOS07471 

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04/17/2025REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Go to topS07471 Committee&nbspVotes:

Go to topS07471 Floor&nbspVotes:

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

Go to topS07471 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7471

 2025-2026 Regular Sessions

 IN SENATE

 April 17, 2025
 ___________

 Introduced by Sen. HOYLMAN-SIGAL -- read twice and ordered printed, and
 when printed to be committed to the Committee on Corporations, Author-
 ities and Commissions

 AN ACT to amend the business corporation law, the executive law, the
 general associations law, the limited liability company law, the not-
 for-profit corporation law, the partnership law, the tax law, the
 administrative code of the city of New York, the real property law,
 the general business law, the navigation law, and the vehicle and
 traffic law, in relation to expanding service of process to the
 department of state in the city of New York

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

 1 Section 1. Subparagraph 1 of paragraph (b) of section 306 of the busi-
 2 ness corporation law, as amended by section 2 of part KK of chapter 56
 3 of the laws of 2021, is amended to read as follows:
 4 (1) Service of process on the secretary of state as agent of a domes-
 5 tic or authorized foreign corporation shall be made in the manner
 6 provided by clause (i) or (ii) of this subparagraph. Either option of
 7 service authorized pursuant to this subparagraph shall be available at
 8 no extra cost to the consumer. (i) Personally delivering to and leaving
 9 with the secretary of state or a deputy, or with any person authorized
 10 by the secretary of state to receive such service, at the office of the
 11 department of state in either the city of Albany or New York, duplicate
 12 copies of such process together with the statutory fee, which fee shall
 13 be a taxable disbursement. Service of process on such corporation shall
 14 be complete when the secretary of state is so served. The secretary of
 15 state shall promptly send one of such copies by certified mail, return
 16 receipt requested, to such corporation, at the post office address, on
 17 file in the department of state, specified for the purpose. If a domes-
 18 tic or authorized foreign corporation has no such address on file in the
 19 department of state, the secretary of state shall so mail such copy, in

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08103-02-5

 S. 7471 2

 1 the case of a domestic corporation, in care of any director named in its
 2 certificate of incorporation at the director's address stated therein
 3 or, in the case of an authorized foreign corporation, to such corpo-
 4 ration at the address of its office within this state on file in the
 5 department. (ii) Electronically submitting a copy of the process to the
 6 department of state together with the statutory fee, which fee shall be
 7 a taxable disbursement, through an electronic system operated by the
 8 department of state, provided the domestic or authorized foreign corpo-
 9 ration has an email address on file in the department of state to which
 10 the secretary of state shall email a notice of the fact that process has
 11 been served electronically on the secretary of state. Service of proc-
 12 ess on such corporation shall be complete when the secretary of