New York Statutes

§ 336 — Business purpose statement

New York·Law PEP Personal Property·Art. 9-A Motor Vehicle Retail Leasing Act

§ 336. Business purpose statement. 1. A preprinted or typewritten\naffirmation or other provision indicating that a vehicle is being leased\nprimarily for agricultural, business or commercial use shall be\ninadmissible in evidence in any trial, hearing, action or proceeding on\nbehalf of a lessor or holder unless the affirmation or other provision\nis printed or typewritten in a separate document signed by the lessee\nthat contains:

(a)a space which the lessee must complete in order to\nidentify the nature of his or her business; and (b) directly above the\nspace reserved for the signature of the lessee, a conspicuous statement\ninforming the lessee that important consumer protections will not apply\nif the vehicle is being leased primarily for agricultural, business or\ncommercial use.

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