N.Y. Personal Property Law § 316: Notice of buyer's redemption rights

§ 316. Notice of buyer's redemption rights. The holder of any motor

vehicle installment contract who repossesses or accepts a voluntary

surrender of a motor vehicle pursuant to the provisions of article nine

of the uniform commercial code, or any contract, shall within

seventy-two hours of such repossession or surrender, personally deliver

or mail to the buyer at his last known address a written notice setting

forth the right of such buyer to redeem such motor vehicle, the dollar

amount necessary to redeem, and the name, address and telephone number

of the holder from which information may be obtained regarding such

redemption.