N.Y. General Business Law § 352-f: Description of realty bonds

§ 352-f. Description of realty bonds. Whenever hereafter any person,

partnership, corporation, company, trust or association, or any agent or

employee thereof, makes or takes part in an offering or sale of

securities described in subdivision one of section three hundred

fifty-two-e of this article, and such securities consist of bonds or

other evidence of indebtedness, there shall be included in numeral form,

in bold print on the first page of all offering literature employed in

the solicitation and sale of such securities, the actual interest rate

payable on such securities. Such rate shall not include any return of

principal.