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Statutes » New York » GBS Law » Article 26

N.Y. GBS Law § 396-N

This is the official text of N.Y. GBS Law § 396-N, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.

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Sales with "money back guarantee" and with "limited guarantee"

Official statutory text

§ 396-n. Sales with "money back guarantee" and with "limited\nguarantee". 1. Definitions. As used in this section:\n (a) "Seller" shall include any person, firm, partnership or\ncorporation.\n (b) "Goods" shall mean merchandise that is bought for use primarily\nfor personal, family or household purposes.\n (c) "Money back guarantee" shall mean a promise made by a seller to a\npurchaser to repay, within the time period specified by the seller and\nupon the return of the merchandise, the full purchase price thereof.\n (d) "Limited guarantee" shall mean a promise made by a seller to a\npurchaser to repay, within the time period specified by the seller and\nupon the return of the merchandise, a portion of the purchase price, the\ncomputation of which shall be described in the terms of the guarantee.\n 2. Whenever a seller offers or advertises for sale goods with a\nguarantee that promises the return of the purchase price, upon the\nreturn of the merchandise, such guarantee shall be deemed to be a money\nback guarantee unless the term "limited guarantee" is used and the terms\nof limitation of such guarantee are specified.\n

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.