New York A04865 requires fire insurance for buildings repairing, selling, renting, or storing bicycles with electric assist, mandating coverage of at.

New York A04865 amends the general business law to mandate fire insurance for buildings involved in the repair, sale, rental, or storage of bicycles with electric assist. The required insurance coverage must be at least $1 million, with an additional $100,000 per tenant if the building houses tenants. The law defines "bicycle with electric assist" to include any batteries or electrical systems for such bicycles. The provisions take effect on the sixtieth day after the law's enactment.

New York A04865 requires fire insurance for buildings repairing, selling, renting, or storing bicycles with electric assist, mandating coverage of at.

New York A04865 amends the general business law to mandate fire insurance for buildings involved in the repair, sale, rental, or storage of bicycles with electric assist. The required insurance coverage must be at least $1 million, with an additional $100,000 per tenant if the building houses tenants. The law defines "bicycle with electric assist" to include any batteries or electrical systems for such bicycles. The provisions take effect on the sixtieth day after the law's enactment.