Newspaper article from our research archive:

LAW EASES AUTO LEASING; PROVISION IN FEDERAL TRANSPORTATION BILL ELIMINATES VICARIOUS LIABILITY IN N.Y.(Business)

Byline: Kenn Peters Staff writer

When President Bush signs a transportation bill today during a ceremony in Illinois, he will wipe out New York's vicarious liability law and do what the state has been unable to do.

Buried deep in the transportation measure is an amendment sponsored by Rep. Sam Graves, R-Missouri, that eliminates the 1924 vicarious liability law in New York and similar laws in a few other states.

Lending institutions have withdrawn from leasing vehicles in New York and other vicarious liability states because the law said the owner of a leased vehicle the leasing company is responsible for the actions of the person who leased it.

The two ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!