ยง 304. Cancellation of contract. After the payment of all sums for
which the buyer is obligated under a retail instalment contract, and
upon written demand made by the buyer, the holder of such contract shall
mail to the buyer at his last known address, good and sufficient
instruments to indicate payment in full and to release all security in
the motor vehicle.
Structure New York Laws
Article 9 - Motor Vehicle Retail Instalment Sales Act
302 - Requirements as to Retail Instalment Contracts.
302A - Total Loss Notice and Waiver of the Gap Amount.
303 - Credit Service Charge Limitation.
304 - Cancellation of Contract.
305 - Credit Upon Anticipation of Payments.
312 - Refund Credit on Cancellation of Credit Related Insurance or Prepayment of Contract.
313 - Guaranties to Sellers of Liabilities of Buyers Under Retail Instalment Contracts.
314 - Security Interest in Other Property.