ยง 342. Restriction on the reporting of early terminations. The holder
of a retail lease agreement shall not report the voluntary early
termination of the agreement to a consumer reporting agency or any other
person as a derogatory item of information unless the lessee fails to
satisfy his or her early termination obligations.
Structure New York Laws
Article 9-A - Motor Vehicle Retail Leasing Act
332 - Rebate or Discount for Information or Assistance in Lease or Sale of Motor Vehicle.
333 - Pre-Lease Availability of Sample Form of Agreement.
334 - Payment or Trade-in Pending Execution of Lease Agreement; Refund or Return Upon Non-Execution.
335 - Total Loss Notice and Waiver of the Gap Amount.
336 - Business Purpose Statement.
337 - Requirements as to Retail Lease Agreements.
338 - Security Interest Prohibited.
339 - Notice of Lessee's Reinstatement Rights.
341 - Restriction on Early Termination Liability.
342 - Restriction on the Reporting of Early Terminations.
343 - Assessment of Excess Wear and Damage to the Vehicle.
344 - Cancellation of Agreement.
345 - Renegotiations and Extensions.
348 - Transactions Subject to Article by Agreement.
349 - Applicability of Certain Provisions Hereof to Retail Lease of a Motor Vehicle for Any Use.
351 - Supplementary General Principles of Law Applicable.