N.Y. Personal Property Law Section 407
Statements of account

  • receipts

At any time after its execution, but not later than one year after the last payment thereunder, the holder of a contract or obligation shall, upon written request of the buyer, give or forward to the buyer a written statement of the dates and amounts of payments and the total amount, if any, unpaid thereunder. Such a statement shall be supplied by the holder once each year without charge; if any additional statement is requested by the buyer, the holder shall supply such statement to the buyer at a charge not exceeding one dollar for each additional statement supplied to the buyer. A buyer shall be given a receipt for any payment when made in cash.

Source: Section 407 — Statements of account; receipts, https://www.­nysenate.­gov/legislation/laws/PEP/407 (updated Sep. 22, 2014; accessed Apr. 13, 2024).

Accessed:
Apr. 13, 2024

Last modified:
Sep. 22, 2014

§ 407’s source at nysenate​.gov

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