New York, NY – 9 October 2018 – On October 2, 2018, New York Governor Andrew Cuomo signed into law legislation limiting the use of remote disabling devices by automobile lenders. New York Senate Bill 2484 (“SB 2484”), which took immediate effect, imposes new disclosure requirements on auto lenders before they can use the devices colloquially known as “kill switches” to repossess vehicles from defaulted borrowers.
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