ยง 344. Cancellation of agreement. After the payment of all sums for
which the lessee is obligated under a retail lease agreement, and upon
written demand made by the lessee, the holder of such agreement shall
mail to the lessee at his or her last known address good and sufficient
documentation to indicate payment in full. This documentation shall not
operate to release the lessee from liability for events discovered by
the holder subsequent to the mailing of such documentation.
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.