N.Y. General Business Law Section 741-D
Prohibited acts

An automobile broker business is prohibited from:

1.

advertising that such automobile broker business has any new automobile in stock;

2.

advertising any price figure in an advertisement unless such figure represents the actual price of the advertised automobile, exclusive of registration and titles, fees and taxes;

3.

starting, completing, or answering any portion of a financing or credit application or the lease or purchase agreement of an automobile, on behalf of a consumer or dealer, without including on or affixing to such application or agreement, the name and registration number of the automobile broker business; and

4.

accepting any payment other than that disclosed under section seven hundred thirty-eight or seven hundred forty-one-b of this article, whether from the dealer or buyer of the automobile. * NB Effective June 19, 2025

Source: Section 741-D — Prohibited acts, https://www.­nysenate.­gov/legislation/laws/GBS/741-D (updated Dec. 27, 2024; accessed Jan. 18, 2025).

Green check means up to date. Up to date

Accessed:
Jan. 18, 2025

Last modified:
Dec. 27, 2024

§ 741-D’s source at nysenate​.gov

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