2013 New York Consolidated Laws
ISC - Insurance
Article 79 - (7901 - 7913) SERVICE CONTRACTS
7901 - Scope and purposes.


NY Ins L § 7901 (2012) What's This?
 
    § 7901. Scope and purposes. (a) The purposes of this article are to:
    (1)  create  a  legal  framework within which service contracts may be
  sold in this state;
    (2) encourage the marketing and  developing  of  more  economical  and
  effective means of providing services under service contracts; and
    (3)   permit  and  encourage  fair  and  effective  competition  among
  different systems of providing and paying for these services.
    (b) This article shall not apply to:
    (1) Express or implied warranties;
    (2) Maintenance agreements;
    (3) Warranties, service contracts or maintenance agreements offered by
  public utilities on their transmission devices to the  extent  they  are
  regulated by the public service commission; and
    (4)  Warranties, service contracts and maintenance agreements that are
  conditioned upon or otherwise associated with  the  sale  or  supply  of
  heating fuel.

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