This text of New York § 336 (Business purpose statement) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
§ 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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§ 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.\n 2. This section shall not apply if the retail lease agreement\ncontains: (a) a provision permitting the lessee to specify whether the\nvehicle is being leased primarily for personal, family or household use\nor primarily for agricultural, business or commercial use; and (b)\neither in close proximity to the provisions permitted by paragraph (a)\nof this subdivision or directly above the notice required by paragraph\n(c) of subdivision two of section three hundred thirty-seven of this\narticle, a notice printed or written in a size equal to at least\neight-point bold type that is substantially similar to the following\nnotice: "WARNING: Important consumer protections may not apply if this\nagreement indicates that you are leasing the vehicle primarily for\nagricultural, business or commercial use."\n 3. The statement by the lessee of the purpose for which the vehicle is\nbeing leased shall not be dispositive of the issue of whether the\nvehicle is being leased primarily for personal, family or household use.\nIn determining whether the vehicle is being leased primarily for\npersonal, family or household use, the court shall consider any other\nfactors relevant to that determination.\n