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The Laws of New York
Consolidated Laws of New York
CHAPTER 20
General Business
ARTICLE 39-A
Merchants of Torah Scrolls
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SECTION 861
Penalty
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ARTICLE 39-A
Merchants of Torah Scrolls
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SECTION 863
Enforcement
This entry was published on 2014-09-22
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SECTION 862
Recision and other penalties
General Business (GBS) CHAPTER 20, ARTICLE 39-A
§ 862. Recision and other penalties. If a merchant fails to comply
with the disclosure provisions of section eight hundred fifty-seven of
this article, the transferee may rescind the transaction. In addition,
where the merchant has made knowingly false statements to a transferee,
the transferee may recover actual damages, if any, and a penalty in the
sum of two hundred fifty dollars. The remedies provided in this section
are in addition to other remedies available by law.