There is a newer version of the New York Consolidated Laws
2013 New York Consolidated Laws
GBS - General Business
Article 17-A - (275 - 279-I) FILING OF NAMES, MARKS AND DEVICES USED ON CERTAIN VESSELS, RECEPTACLES AND UTENSILS
279-C - Deposits on vessels, receptacles or utensils.
NY Gen Bus L § 279-C (2012) What's This?
§ 279-c. Deposits on vessels, receptacles or utensils. The requiring, taking, paying or accepting of any deposit for any purpose upon any vessel, receptacle or utensil shall not be deemed to constitute a sale of such property, either optional or otherwise, for the purposes of this article.
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