This text of New York § 443 (Form of notice; statement of buyer's rights) 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.
§ 443. Form of notice; statement of buyer's rights.
1.In a telephone\nsale, the seller shall furnish to the buyer, in the same language as\nthat principally used in the sales presentation, a written notice, which\nshall contain in not less than ten-point boldface type, a statement in\nsubstantially the following form:\n "You, the buyer, may cancel this transaction without any penalty or\nobligation at any time prior to midnight of the third business day after\nreceipt of this notice. If you cancel, any payments made by you under\nthe sale will be credited to your charge account within ten business\ndays following receipt by the seller of your written notice of\ncancellation and any security interest arising out of the transaction\nwill be cancelled.\n If you cancel, you must make avai
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§ 443. Form of notice; statement of buyer's rights. 1. In a telephone\nsale, the seller shall furnish to the buyer, in the same language as\nthat principally used in the sales presentation, a written notice, which\nshall contain in not less than ten-point boldface type, a statement in\nsubstantially the following form:\n "You, the buyer, may cancel this transaction without any penalty or\nobligation at any time prior to midnight of the third business day after\nreceipt of this notice. If you cancel, any payments made by you under\nthe sale will be credited to your charge account within ten business\ndays following receipt by the seller of your written notice of\ncancellation and any security interest arising out of the transaction\nwill be cancelled.\n If you cancel, you must make available to the seller at your\nresidence, in substantially as good condition as when received, any\ngoods delivered to you under this contract of sale; or you may, if you\nwish, comply with the instruction of the seller regarding the return\nshipment of the goods at the seller's expense and risk.\n If you do make the goods available to the seller and the seller does\nnot pick them up within twenty days of the date of your notice of\ncancellation, you may retain or dispose of the goods without any further\nobligation. If you fail to make the goods available to the seller, or if\nyou agree to return the goods to the seller and fail to do so, then you\nremain liable for performance of all obligations under the contract.\n To cancel this transaction, mail or deliver a written notice of\ncancellation, or send a telegram to (name of seller) at the following\naddress (address of seller)".\n 2. Until the seller has informed the buyer of his right to cancel and\nhas complied with the provisions of this article, the buyer or any other\nperson obligated for any part of the purchase price may cancel the\ntelephone sale by notifying the seller in any manner and by any means of\nhis intention to cancel. The period prescribed by subdivision one of\nthis section shall begin to run from the time the seller complies with\nthe provisions of this article.\n 3. Pursuant to subdivision one of this section, the seller is required\nto furnish the buyer with the seller's name, and the name of the person\nto whom any notice of cancellation is to be given if different from the\nseller's name, the legal name of the company for whom the seller is\nsoliciting, the seller's street address and the seller's phone number.\nThe seller is additionally required to furnish the buyer with the date\nof the telephone sale and a description of the telephone sale.\n