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The Laws of New York
Consolidated Laws of New York
CHAPTER 41
Personal Property
ARTICLE 11
Rental Purchase Agreements
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SECTION 505
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ARTICLE 11
Rental Purchase Agreements
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SECTION 507
Enforcement
This entry was published on 2014-09-22
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SECTION 506
Exempted transactions
Personal Property (PEP) CHAPTER 41, ARTICLE 11
§ 506. Exempted transactions. This article does not apply to:

1. Agreements for the rental of merchandise in which the person who
rents the merchandise has no legal right to become the owner of the
property at the end of the rental period;

2. A lease of a safe deposit box; and

3. Retail installment sales agreements, contracts, or obligations.