2014 New York Laws
GBS - General Business
Article 12-B - (217 - 218-AA) MERCANTILE ESTABLISHMENTS
218-A - Disclosure of refund policies.

  218-a.  Disclosure  of  refund policies. 1. Every retail mercantile
  establishment shall conspicuously post, in  the  following  manner,  its
  refund  policy  as  to  all  goods,  wares or merchandise offered to the
  public for sale:
(a) on a sign attached to the item itself; or
(b) on a sign affixed to each cash register or point of sale; or
(c) on a sign so situated as to be clearly visible to the  buyer  from
  the cash register; or
(d) on a sign posted at each store entrance used by the public.
2.  The sign, required by subdivision one of this section to be posted
  in every retail mercantile establishment, shall (a) state whether or not
  it is the policy of such establishment to give refunds and, if so, under
  what conditions, including but not limited to whether a refund  will  be
  given:
(i)  on merchandise which had been advertised as "sale" merchandise or
  marked "as is;"
(ii) on merchandise for which no proof of purchase exists;
(iii) at any time or not beyond a point in time specified;
(iv) in cash, or as credit or store credit only; or
(v) subject to any fees, including a restocking fee, and the dollar or
  percentage amount of each fee; and
(b) advise consumers that they are entitled to a written copy  of  the
  store's refund policy upon request.
3. Enforcement. Any retail mercantile establishment which violates any
  provision  of this section shall be liable, for a period of up to thirty
  days from the date of purchase, to the buyer for  a  cash  refund  or  a
  credit,  at  the  buyer's  option, provided that the merchandise has not
  been used or damaged by the buyer and the buyer can verify the  date  of
  the  purchase  with  a receipt or any other purchase verification method
  utilized by the retail merchant.
4. Preemption.  This  section  does  not  relieve  any  person,  firm,
  corporation  or  association  subject  to the provisions of this section
  from complying with any  law,  ordinance,  rule  or  regulation  of  any
  locality  relating  to  the posting of refund policies which affords the
  buyer greater protection than do the provisions of this section.