New York Statutes

§ 443 — Form of notice; statement of buyer's rights

New York·Law PEP Personal Property·Art. 10-B Telephone Sales Protection Act

§ 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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