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What is NYC AC § 20-329?

Quick Answer

This section establishes that a license issued for operating a garage or parking lot may be suspended or revoked if the licensee fails to pay any judgment related to the storage or parking of vehicles. The statute applies to licensees operating under this subchapter.

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

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§ 20-329 Payments of judgments.

AC § 20-329

Every license issued pursuant to this subchapter shall be subject to suspension or revocation upon the failure of such licensee to pay or satisfy any judgment secured against him or her by anyone who stored or parked a motor vehicle in the garage or parking lot licensed hereunder, provided that such judgment was secured in a court of competent jurisdiction against the licensee for acts of commission or omission with regard to the business maintained, operated or conducted by him or her pursuant to the license issued hereunder.

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