18-402 – Continuity of Contract and Safe Harbor.
§ 18-402. Continuity of contract and safe harbor. 1. The selection or use of a recommended benchmark replacement as a benchmark replacement under or in respect of a contract, security or instrument by operation of section 18-401 of this article shall constitute: a. a commercially reasonable replacement for and a commercially substantial equivalent to LIBOR; […]
18-403 – Severability.
§ 18-403. Severability. If any provision of this article or application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this article that can be given effect without the invalid provision or application, and to this end the provisions of this article shall be severable.
19-101 – Laws Repealed.
§ 19-101. Laws repealed. 1. The following sections of the civil rights law are hereby repealed: Section sixteen, as added by chapter one hundred fifty-seven of the laws of nineteen hundred twenty-one; Section seventeen, as added by chapter eleven of the laws of nineteen hundred thirty-five. 2. The following section of the conservation law is […]
19-103 – Effective Date.
§ 19-103. Effective date. This act shall take effect September twenty-seventh, nineteen hundred sixty-four.
18-401 – Effect of Libor Discontinuance on Agreements.
§ 18-401. Effect of LIBOR discontinuance on agreements. 1. On the LIBOR replacement date, the recommended benchmark replacement shall, by operation of law, be the benchmark replacement for any contract, security or instrument that uses LIBOR as a benchmark and: a. contains no fallback provisions; or b. contains fallback provisions that result in a benchmark […]
18-104 – Duties of Passengers.
§ 18-104. Duties of passengers. All passengers shall have the following duties: 1. To familiarize themselves with the safe use of any tramway prior to its use; 2. To remain in the tramway if the operation of a passenger tramway, as defined pursuant to section two hundred two-c of the labor law, is interrupted for […]
18-105 – Duties of Skiers.
§ 18-105. Duties of skiers. All skiers shall have the following duties: 1. Not to ski in any area not designated for skiing; 2. Not to ski beyond their limits or ability to overcome variations in slope, trail configuration and surface or subsurface conditions which may be caused or altered by weather, slope or trail […]
18-106 – Duties of Skiers and Ski Area Operators With Respect to Inherent Risks.
§ 18-106. Duties of skiers and ski area operators with respect to inherent risks. It is recognized that skiing is a voluntary activity that may be hazardous regardless of all feasible safety measures that can be undertaken by ski area operators. Accordingly: 1. Ski area operators shall have the following additional duties: a. To post […]
18-107 – Construction.
§ 18-107. Construction. Unless otherwise specifically provided in this article, the duties of skiers, passengers, and ski area operators shall be governed by common law.
18-108 – Severability.
§ 18-108. Severability. If any provision of this article or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of this article that can be given effect without the invalid provision or application, and to this end the provisions of this article are declared […]