Title GBS, General Business

§ 350-b. Disclosures required in advertisements using the title\n"doctor". 1. Any person who uses the title "doctor" in making\nrepresentations for the purpose of inducing, or which are likely to\ninduce, directly or indirectly, the purchase of (a) drugs, devices or\ncosmetics, …

§ 350-b-1. Disclosures required in advertisements using a senior\nspecific designation. 1. For purposes of this section, "senior specific\ndesignation" shall mean a title, professional designation, credential,\ncertification, or professional description that indicates the person…

§ 350-c. Notice of proposed action. Before the attorney-general\ncommences an action pursuant to section three hundred fifty-d of this\narticle he shall be required to give the person against whom such action\nis contemplated appropriate notice by certified mail and an opportuni…

§ 350-d. Civil penalty. (a) Any person, firm, corporation or\nassociation or agent or employee thereof who engages in any of the acts\nor practices stated in this article to be unlawful shall be liable to a\ncivil penalty of not more than five thousand dollars for each violation…

§ 350-e. Construction. 1. This article neither enlarges nor diminishes\nthe rights of parties in private litigation except as provided in this\nsection.\n 2. This article does not repeal the provisions of subdivision twelve\nof section sixty-three of the executive law.\n 3. Any …

§ 350-f. Exceptions. Nothing in this article shall apply to any\ntelevision or sound radio broadcasting station or to any publisher or\nprinter of a newspaper, magazine, or other form of printed advertising,\nwho broadcasts, publishes, or prints such advertisement.\n

§ 350-f-1. After-the-fact referral fees. 1. No person, firm,\npartnership, corporation, association, or other entity shall demand or\nreceive a referral fee or compensation of any kind for (i) a referral\nfrom any person or other entity relative to finding a seller of real\nprop…

§ 350-g. Definitions. When used in this article, the following terms\nshall have the meaning ascribed to them:\n 1. "Water treatment unit" shall mean a product, device or system\ndesigned for personal, family or household use and for which a claim or\nclaims are made that it wil…

§ 350-h. Water treatment units. 1. No person shall sell, offer for\nsale, rent, lease or possess for the purpose of resale or distribution\nany water treatment unit for use in this state unless each water\ntreatment unit has a conspicuous and legible label stating, "IMPORTANT\nN…

§ 350-i. Performance data sheet. 1. A performance data sheet shall be\nprovided pursuant to subdivision one of section three hundred fifty-h of\nthis article and made available to the prospective purchaser, renter or\nlessee, prior to the consummation of any sale, rental or leas…

§ 351. Acts prohibited; penalty for violation. Any person,\ncopartnership, firm, association or corporation, whether acting in his,\ntheir or its own right or as the officer, agent, servant, correspondent\nor representative of another, who shall: 1. Make or offer to make, or\nas…

§ 351-a. Exhibiting quotations; penalty for violation. Any person,\nfirm, copartnership, association or corporation receiving,\ncommunicating, exhibiting or displaying in any manner any statement of\nquotations of prices of any such securities or commodities with an\nintent to m…

§ 351-b. Written statement to be furnished; presumption. Every person,\nfirm, association, copartnership or corporation shall furnish upon\nwritten demand to any customer, or principal for whom such person has\nexecuted an order for the actual purchase or sale of any such securi…

§ 351-c. Corporations; additional penalty for second offense. If a\ndomestic corporation shall be convicted of a second offense hereunder\nthe supreme court shall have jurisdiction upon an action brought by the\nattorney-general, in the name of the people, for that purpose, to\n…

§ 351-d. Definitions. "Bucket shop" shall mean any building, or any\nroom, apartment, booth, office or store therein or any other place where\nany contract prohibited by this article is made or offered to be made.\n

§ 351-e. Witnesses' immunity. In any criminal proceeding before any\ncourt or grand jury for a violation of any of the provisions of this\narticle, the court or grand jury may confer immunity in accordance with\nthe provisions of section 50.20 or l90.40 of the criminal procedure…

§ 352. Investigation by attorney-general. 1. Whenever it shall appear\nto the attorney-general, either upon complaint or otherwise, that in the\nadvertisement, investment advice, purchase or sale within this state of\nany commodity dealt in on any exchange within the United Stat…

§ 352-a. Foreign corporation to make designation. 1. If the stocks,\nbonds or other securities of a foreign corporation, association, common\nlaw trust or similar organization are offered or advertised for sale\nwithin the state of New York and such corporation, association, com…

§ 352-b. Non-resident brokers, dealers, salesmen and investment\nadvisors; designation of secretary of state as agent for service of\nprocess; service of process. 1. Any person, partnership, corporation,\ncompany, trust or association resident or having his or its principal\npla…

§ 352-c. Prohibited acts constituting misdemeanor; felony. 1. It\nshall be illegal and prohibited for any person, partnership,\ncorporation, company, trust or association, or any agent or employee\nthereof, to use or employ any of the following acts or practices:\n (a) Any fraud…

§ 352-d. Effect of prosecution under previous section. A person,\npartnership, corporation, company, trust or association or any agent or\nemployee thereof that, having engaged in any act or practice\nconstituting a violation of section three hundred fifty-two-c of this\narticle…

§ 352-e. Real estate syndication offerings. 1. (a) It shall be illegal\nand prohibited for any person, partnership, corporation, company, trust\nor association, or any agent or employee thereof, to make or take part\nin a public offering or sale in or from the state of New York …

§ 352-ee. Conversion of non-residential property to residential\ncooperative or condominium ownership. 1. The attorney general shall\nrefuse to issue a letter stating that the offering statement or\nprospectus required in subdivision one of section three hundred\nfifty-two-e of …

§ 352-eee. Conversions to cooperative or condominium ownership in\ncertain cities, towns and villages located in the counties of Nassau,\nWestchester and Rockland. 1. As used in this section, the following\nwords and terms shall have the following meanings:\n (a) "Plan". Every o…

§ 352-eeee. Conversions to cooperative or condominium ownership in the\ncity of New York. 1. As used in this section, the following words and\nterms shall have the following meanings:\n (a) "Plan". Every offering statement or prospectus submitted to the\ndepartment of law pursua…

* § 352-eeeee. Conversions to condominium ownership for the\npreservation of expiring affordable housing in the city of New York. 1.\nAs used in this section, the following words and terms shall have the\nfollowing meanings:\n (a) "Annual update amendment". An annual update amen…

§ 352-f. Description of realty bonds. Whenever hereafter any person,\npartnership, corporation, company, trust or association, or any agent or\nemployee thereof, makes or takes part in an offering or sale of\nsecurities described in subdivision one of section three hundred\nfift…

§ 352-g. Exemptions. The attorney general, upon application, may\nexempt from the provisions of sections three hundred fifty-two-e, three\nhundred fifty-two-f and three hundred fifty-two-h any offerings of\nsecurities (1) made to persons not exceeding forty in number or (2)\nwhi…

§ 352-h. Trust funds. Whenever hereafter any person, partnership,\ncorporation, company, trust or association, offers or sells securities\ndescribed in subdivision one of section three hundred fifty-two-e of\nthis article to the public in or from the state of New York, then all\…

§ 352-i. Injunctive relief. Any person, partnership, corporation,\ncompany, trust or association, or any agent or employee thereof, who\nviolates any of the provisions of sections three hundred fifty-two-e,\nthree hundred fifty-two-ee, three hundred fifty-two-f, three hundred\nf…

§ 352-j. Application of article. All the provisions of this article\nshall be fully applicable to real estate syndication offerings and\nsecurity transactions described in subdivision one of section three\nhundred fifty-two-e of this article, with the exception that the\nadditio…

§ 352-k. Broker dealer minimum capital requirements. 1. Every\nbroker-dealer registered or required to be registered in this state\nshall have and maintain a net capital of not less than five thousand\ndollars. The term net capital shall be deemed to mean the net worth of a\nbro…

§ 352-l. Cooperative corporations. 1. For the purposes of this\nsection, "non-occupying owner" shall mean the owner of shares in a\ncooperative corporation who does not occupy the dwelling units to which\nhis or her shares are allocated.\n 2. If a non-occupying owner rents any d…

§ 353. Action by attorney-general. 1. Whenever the attorney-general\nshall believe from evidence satisfactory to him that any person,\npartnership, corporation, company, trust or association has engaged in,\nis engaged or is about to engage in any of the practices or transaction…

§ 353-a. Receivers. In any action brought by the attorney-general as\nprovided in this article, the court at any stage of the proceedings may\nappoint a receiver of any and all property derived by the defendant or\ndefendants or any of them by means of any such fraudulent practi…

§ 354. Examination of witnesses and preliminary injunction. Whenever\nthe attorney-general has determined to commence an action under this\narticle, he may present to any justice of the supreme court, before\nbeginning such action, an application in writing for an order directin…

§ 355. Procedure on hearing. The order for such examination must be\nsigned by the justice making it and service of a copy thereof with an\nendorsement by the attorney-general signed by him or his deputy, to the\neffect that the person named therein is required to appear and be\…

§ 356. Powers of referee. The referee appointed as provided in this\narticle possesses all the powers and is subject to all the duties of a\nreferee appointed in a civil action, so far as practicable, and may\npunish for contempt a witness duly served with the papers as prescrib…

§ 357. Application of provisions of civil practice law and rules. The\nprovisions of the civil practice law and rules shall apply to all\nactions brought under this article except as herein otherwise provided.\n

§ 358. Criminal prosecution. The attorney-general may prosecute every\nperson charged with the commission of a criminal offense in violation of\nthe laws of this state, applicable to or in respect of the practices or\ntransactions which in this article are referred to as fraudul…

§ 359. Immunity. Upon any investigation before the attorney-general or\nhis deputy or other officer designated by him, or in any criminal\nproceeding before any court or grand jury, pursuant to or for a\nviolation of any of the provisions of this article, the\nattorney-general, …

§ 359-a. Appointment of deputies. For the purposes of this article,\nthe attorney-general may in his discretion, and without civil service\nexamination, appoint and employ, and at pleasure remove, such deputies,\nofficers and other persons as he deems necessary, and determine th…

§ 359-b. Effect of unconstitutionality of part of article. Should any\nsection or provision of this article be declared unconstitutional, by\nthe decision of any court, such decision shall affect the section or\nprovision so declared unconstitutional and shall not affect any oth…

§ 359-c. Publication of state notices. 1. Every state notice filed in\nthe department of state pursuant to this article shall be published by\nsuch department in the next issue of the state bulletin following the\nreceipt thereof, except that a notice received by the department …

§ 359-e. Definitions. Registration requirements.\n 1. The following terms, whenever used or referred to in this article,\nshall have the following meaning unless a different meaning clearly\nappears from the context:\n (a) A "dealer" shall mean and include any person, firm, asso…

§ 359-ee. Report of existence. 1. Every person, partnership,\ncorporation, company, trust or association which caused to be filed in\nthe department of law a "dealer's statement" on or before June\nthirtieth, nineteen hundred fifty-three, shall on or before February\nfirst, nine…

§ 359-eee. Definitions. Registration requirements for investment\nadvisers. 1. The following terms, whenever used or referred to in this\narticle, shall have the following meaning unless a different meaning\nclearly appears from the context:\n (a) "Investment adviser" shall mean…

§ 359-f. Exemptions from certain provisions of section three hundred\nfifty-nine-e. 1. The provisions of subdivision eight of section three\nhundred and fifty-nine-e shall not apply to any transactions relating to\nthe sale or offering for sale of any of the following described\…

§ 359-ff. Registration of intra-state offerings. 1. It is unlawful for\nany person, directly or indirectly, to offer or sell any security which\nis part of an issue offered and sold only to persons resident within\nthis state unless an offering prospectus which makes full and fa…

§ 359-fff. Chain distributor schemes prohibited. 1. It shall be\nillegal and prohibited for any person, partnership, corporation, trust\nor association, or any agent or employee thereof, to promote, offer or\ngrant participation in a chain distributor scheme.\n 2. As used herein…