Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 399-W*2
Notice requirements for renters of personal property
General Business (GBS) CHAPTER 20, ARTICLE 26
* § 399-w. Notice requirements for renters of personal property. 1.
For the purposes of this section, the following terms shall have the
following meanings:

(a) "Owner" shall include any person, partnership, firm, association,
or corporation engaged in the business of renting personal property for
profit.

(b) "Personal property" shall include but not be limited to tangible
chattels used for personal, household, or business purposes but shall
not include motor vehicles.

(c) "Rental agreement" shall mean the total legal obligation that
results from a written rental contract between a person and the owner
for the rental of personal property.

2. Any owner who rents personal property shall:

(a) conspicuously post a sign in a prominent and visible area in the
place of business, measuring at least two feet by four feet in writing
of at least thirty-six point print, with the following notice:

RENTAL INFORMATION

WARNING! Failure to return rented property pursuant to the terms of

the rental agreement may subject the renter to criminal

prosecution.

(b) include in all rental contracts, in writing in at least twelve
point print, the following notice:

Failure to return rented property under the terms of this agreement

may subject the undersigned party(ies) to criminal prosecution.

3. This section shall not apply to: (a) rental purchase agreements as
regulated by article eleven of the personal property law and (b) motor
vehicle rentals under paragraph two of subdivision (a) of section one
hundred ninety-eight-a and paragraph two of subdivision a of section one
hundred ninety-eight-b of this chapter.

* NB There are 2 § 399-w's