N.Y. Personal Property Law § 508: Administration by the attorney general

§ 508. Administration by the attorney general. The attorney general

may make rules and regulations necessary for the administration of this

article; provided, however, that such rules and regulations shall not

attempt to regulate or characterize rental-purchase agreements as a

security interest, credit sale, retail installment sale, conditional

sale or any other form of consumer credit that imputes to a

rental-purchase agreement the creation of a debt or extension of credit,

nor shall such rules and regulations require the disclosure of a

percentage rate calculation, including a time-price differential, an

annual percentage rate, or an effective annual percentage rate.