{"data":{"id":"us-ny/n.y.-personal-property-law-506","jurisdiction":"us-ny","citation":"N.Y. Personal Property Law § 506","heading":"Exempted transactions","body":"§ 506. Exempted transactions. This article does not apply to:\n  1. Agreements for the rental of merchandise in which the person who\nrents the merchandise has no legal right to become the owner of the\nproperty at the end of the rental period;\n  2. A lease of a safe deposit box; and\n  3. Retail installment sales agreements, contracts, or obligations.","path":["Personal Property Law","Article 11. Rental Purchase Agreements"],"source_url":"https://legislation.nysenate.gov/api/3/laws/PEP/506","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"b50ed455e958a2544f46d8a764f12aa1fc02281dc7b13c3d2b26ae3d79572f55","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-personal-property-law-505","next":"us-ny/n.y.-personal-property-law-507"},"notice":"GroundRules: Original legal text. Not legal advice."}