{"data":{"id":"us-ny/n.y.-general-business-law-252","jurisdiction":"us-ny","citation":"N.Y. General Business Law § 252","heading":"Definitions","body":"§ 252. Definitions. For purposes of this article:\n  (a) The term \"consumer\" means an individual.\n  (b) The term \"creditor' means a person regularly engaged in the\nbusiness of making loans.\n  (c) The term \"seller\" means a person who sells or agrees to sell\npersonal property or furnishes or renders or agrees to furnish or render\nservices.\n  (d) The term \"consumer loan\" means a loan of money by a creditor to a\nconsumer for which the consumer's obligation is payable in installments\nor for which a finance or other charge is or may be imposed.\n  (e) The term \"consumer sale\" means a sale by a seller to a consumer of\npersonal property or services for personal, family or household\npurposes.\n  (f) The term \"person related to the seller\" means with respect to an\nindividual seller:\n  (1) the spouse of the seller;\n  (2) a brother, brother-in-law, sister or sister-in-law of the seller;\n  (3) an ancestor or lineal descendant of the seller or his spouse; and\n  (4) any other relative, by blood or marriage of the seller or his\nspouse who shares a residence with the seller.\n  (g) The term \"person related to the seller\" means with respect to any\nother seller:\n  (1) a person directly or indirectly controlling, controlled by or\nunder common control with the seller;\n  (2) an officer or director of the seller, or a person performing\nsimilar functions with respect to the seller; the spouse of any such\nperson; and any other relative by blood or marriage of any such person\nwho shares a residence with such person.\n  (h) A creditor who is not an individual shall be a \"person related to\nthe seller\" if an officer of the creditor or a person performing similar\nfunctions, whose duties include participation in or supervision over the\nconsumer loan the proceeds of which were primarily used in the consumer\nsale, is a person related to the seller under (f) and (g) of this\nsection.","path":["General Business Law","Article 15. Specious Cash Sales"],"source_url":"https://legislation.nysenate.gov/api/3/laws/GBS/252","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"35fe11ca91d69ec7bd934a68236ab96cdc8422012ff5c50c48cff55ebc992987","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-general-business-law-251-c","next":"us-ny/n.y.-general-business-law-253"},"notice":"GroundRules: Original legal text. Not legal advice."}