GroundRules
← Search the law
New York · Through 2026-09-11

N.Y. Personal Property Law § 407: Statements of account; receipts

Read at publisher ↗
Where this section sits in the code
  1. Personal Property Law
  2. Article 10. Retail Instalment Sales Act

§ 407. Statements of account; receipts. At any time after its

execution, but not later than one year after the last payment

thereunder, the holder of a contract or obligation shall, upon written

request of the buyer, give or forward to the buyer a written statement

of the dates and amounts of payments and the total amount, if any,

unpaid thereunder. Such a statement shall be supplied by the holder once

each year without charge; if any additional statement is requested by

the buyer, the holder shall supply such statement to the buyer at a

charge not exceeding one dollar for each additional statement supplied

to the buyer. A buyer shall be given a receipt for any payment when made

in cash.

Collected 2026-09-14T19:32:45Z. Source file · JSON

Browse this collection