N.Y. Gen. Bus. Law § 1411

Current through 2024 NY Law Chapter 226
Section 1411 - [Effective 8/28/2024] Contracted compensation payments
1. Except as otherwise provided by law, the contracted compensation shall be paid to a freelance worker either:
(a) on or before the date such compensation is due under the terms of the contract; or
(b) if the contract does not specify when the hiring party must pay the contracted compensation or the mechanism by which such date will be determined, no later than thirty days after the completion of the freelance worker's services under the contract.
2. Once a freelance worker has commenced performance of the services under the contract, the hiring party shall not require as a condition of timely payment that the freelance worker accept less compensation than the amount of the contracted compensation.

N.Y. Gen. Bus. Law § 1411

Added by New York Laws 2024, ch. 98,Sec. 2, eff. 8/28/2024.