N.Y. General Business Law § 47-a: Collateral loan broker dealing with a child

§ 47-a. Collateral loan broker dealing with a child. No collateral

loan broker or person in the employ of a collateral loan broker shall

receive or purchase any goods, chattels, wares or merchandise from, or

make any loan or advance or permit to be loaned or advanced to any

child, actually or apparently under the age of eighteen years any money,

or in any manner directly or indirectly receive any goods, chattels,

wares or merchandise from any such child in pledge for loans made or to

be made to it or to any other person or otherwise howsoever. It shall be

no defense to a prosecution for a violation of this section, that in the

transaction upon which the prosecution is based the child acted as the

agent or representative of another, or that the defendant dealt with

such child as the agent or representative of another.