{"data":{"id":"us-ny/n.y.-general-business-law-862","jurisdiction":"us-ny","citation":"N.Y. General Business Law § 862","heading":"Recision and other penalties","body":"§ 862. Recision and other penalties. If a merchant fails to comply\nwith the disclosure provisions of section eight hundred fifty-seven of\nthis article, the transferee may rescind the transaction. In addition,\nwhere the merchant has made knowingly false statements to a transferee,\nthe transferee may recover actual damages, if any, and a penalty in the\nsum of two hundred fifty dollars. The remedies provided in this section\nare in addition to other remedies available by law.","path":["General Business Law","Article 39-A. Merchants of Torah Scrolls"],"source_url":"https://legislation.nysenate.gov/api/3/laws/GBS/862","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"ac33db9d5fe081b4e947eb0e2f37692f3e0bfe144056d1c44a390e28e028dd96","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-general-business-law-861","next":"us-ny/n.y.-general-business-law-863"},"notice":"GroundRules: Original legal text. Not legal advice."}