N.Y. Personal Property Law § 405: Delivery of copy of contract or obligation; buyer's acknowledgment

§ 405. Delivery of copy of contract or obligation; buyer's

acknowledgment. The seller shall deliver to the buyer, or mail to him

at his address shown on the contract or obligation, an executed copy

thereof. Until the seller does so, a buyer who has not received the

goods or services shall have an unconditional right to cancel the

contract or obligation and to receive immediate refund of all payments

made and redelivery of all goods traded-in to the seller on account of

or in contemplation of the contract or obligation. Any acknowledgment by

the buyer of delivery of a copy of the contract or obligation shall be

printed or written in a size equal to at least ten point bold type and,

if contained in the contract or obligation, shall also appear directly

above the space reserved for the buyer's signature. The buyer's written

acknowledgment, conforming to the requirements of this section, of

delivery of a copy of a contract or obligation shall be presumptive

evidence of such delivery and of compliance with this section and

subdivision four of section four hundred two in any action or proceeding

by or against an assignee of the contract or obligation without

knowledge to the contrary when he purchases the contract or obligation.