New York General Business Law Section 217 - Definition.

217. Definition. As used in this article, the following words and phrases shall have the following meanings:

1. "Retail mercantile establishment" shall mean a place where goods, wares or merchandise are offered to the public for sale.

2. "Restocking fee" shall mean any amount charged by a seller for accepting returned merchandise and paying a refund or credit.

Last modified: February 3, 2019