New York General Business Law Article 39-A - MERCHANTS OF TORAH SCROLLS

• 855 - Legislative Findings.
  The legislature finds that, as a result of the high value of Torah scrolls, there has developed a market for stolen scrolls. Because scrolls are...
• 856 - Definitions.
  As used in this article: (1) Merchant means a person who deals in the sale of Torah scrolls in the ordinary course of business. (2)...
• 857 - Disclosure Required.
  (1) No merchant shall sell, exchange, consign, donate, or otherwise transfer a Torah scroll unless a written disclosure instrument is furnished to the purchaser, consignee,...
• 858 - Posting of Notice.
  In each place of business in this state where a merchant is regularly engaged in sale of Torah scrolls he shall post in a conspicuous...
• 859 - Information to Be Provided.
  The following information shall be supplied in a written instrument to each transferee of every Torah scroll and shall clearly, specifically, and distinctly include: (1)...
• 860 - Records.
  Each merchant subject to the requirements of this article shall maintain, in chronological order, a copy of all disclosure statements issued by him for a...
• 861 - Penalty.
  Any merchant who fails to comply with the requirements of section eight hundred fifty-seven or eight hundred sixty or who knowingly provides false or misleading...
• 862 - Recision and Other Penalties.
  If a merchant fails to comply with the disclosure provisions of section eight hundred fifty-seven of this article, the transferee may rescind the transaction. In...
• 863 - Enforcement.
  (1) Any violation of this article shall be deemed to be unlawful for purposes of sections three hundred forty-nine and three hundred fifty of article...
• 864 - Severability.
  If any sentence, paragraph, section or part of this article shall be adjudged invalid by a court of competent jurisdiction such judgment shall not impair...

Last modified: February 3, 2019