The Taxicab Service Association, an association of credit union lenders that finance yellow taxi medallions, has filed a lawsuit claiming a New York law violates a state constitution mandate that prohibits the state and mayor from interfering in the regulation of the local tax industry.

Filed Friday in the New York State Supreme Court, the suit seeks to invalidate the HAIL Act, a 2011 statute involving Mayor Michael Bloomberg’s plan to create a new class of up to 18,000 liveries authorized to pick up street hails in Brooklyn, Queens, the Bronx, Staten Island and much of Manhattan.

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