Current through Register Vol. 46, No. 51, December 18, 2024
(a) These regulations are promulgated pursuant to section 343 (5)(b) of the Personal Property Law ("PPL") and set forth the procedures for the operation of an alternative arbitration mechanism (the "Program").(b) These regulations are designed to promote the independent, speedy, efficient and fair disposition of disputes concerning the assessment of excess wear and/or damage to leased vehicles.N.Y. Comp. Codes R. & Regs. Tit. 13 § 302.1