N.Y. Personal Property Law § 444: Restoration of down payment

§ 444. Restoration of down payment. 1. Within thirty days after a

telephone sale has been cancelled, the seller shall recredit the buyer's

charge account.

2. If the down payment includes goods traded in, the goods shall be

tendered in substantially as good condition as when received by the

seller. If the seller fails to tender the goods as provided by this

section, the buyer may elect to recover an amount equal to the trade-in

allowance stated in the agreement.

3. If the seller refuses within the period prescribed by subdivision

one of this section to return all payments made by the buyer, he shall

be liable to the buyer for the said payments and if the buyer is

successful in his action therefor or appeal thereon, the court shall

award him one hundred dollars and may award reasonable attorney's fees

and costs, in addition to such payments. In addition to such an action,

such payments and the one hundred dollar amount may be recovered from

any telemarketer maintaining a bond pursuant to subdivision four of

section three hundred ninety-nine-pp of the general business law, or the

surety or bank, trust company, savings bank or savings and loan

association in an action on the bond. Nothing in the preceding sentence

shall authorize the awarding of attorney's fees and costs against the

surety, bank, trust company or savings and loan association.

4. Until the seller has complied with this section, the buyer may

retain possession of goods delivered to him by the seller and shall have

a lien on the goods in his possession or control for any recovery to

which he may be entitled.