ยง 397-b. Vehicle leases that are not sales or security interests.
Notwithstanding any other provision of law, in the case of motor
vehicles or trailers which are not vehicles or trailers leased or used
primarily for personal, family, or household purposes, a transaction
does not create a conditional sale or security interest merely because
it provides that the rental price is permitted or required to be
adjusted under the agreement either upward or downward by reference to
the amount realized upon sale or other disposition of the motor vehicle
or trailer.
Structure New York Laws
390 - Inspection of Motor Vehicles and Motorcycles.
391 - Rates of Toll on Motor Vehicles.
392 - False Statements, Alteration of Records or Substitution in Connection With Any Examination.
392-B - Powers of Motor Vehicle Investigators.
393 - Measurement and Weight of Vehicles; Responsibility for Damages.
395 - Certain Private Service Bureaus to Be Licensed.
396 - Use of State and Other Seals and Insignia on Private Vehicles Prohibited.
397-A - Radar Detectors and Laser Detectors Prohibited.
397-B - Vehicle Leases That Are Not Sales or Security Interests.