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What is NYC AC § 7-806?

Quick Answer

This section establishes the time limits for commencing civil enforcement actions related to violations of section 7-803, specifying a maximum period of ten years. It also outlines the burden of proof required in such actions, which is a preponderance of the evidence. Applies to entities involved in civil enforcement actions.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 7-806 Limitation of actions; burden of proof.

AC § 7-806

a. A civil enforcement action shall be commenced no later than the latest following date: (i) six years after the date on which the violation of section 7-803 is committed, or (ii) three years after the date when facts material to the right of action are known or reasonably should have been known by the corporation counsel or the department of investigation, not to exceed ten years after the date on which the violation is committed. b. In any civil enforcement action, all essential elements of the cause of action, including damages, shall be proven by a preponderance of the evidence. Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 2005/053.

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