N.Y. Personal Property Law § 506: Exempted transactions

§ 506. Exempted transactions. This article does not apply to:

1. Agreements for the rental of merchandise in which the person who

rents the merchandise has no legal right to become the owner of the

property at the end of the rental period;

2. A lease of a safe deposit box; and

3. Retail installment sales agreements, contracts, or obligations.