2015 New York Laws
GBS - General Business
Article 38 - (General Business) VESSEL DEALER AGREEMENTS
815 - Penalties.

NY Gen Bus L § 815 (2015) What's This?

815. Penalties. 1. Any manufacturer or distributor found to have violated any provision of section eight hundred thirteen of this article shall be liable to the dealer for all reimbursement required by such section and interest thereon at a rate of prime plus three percent per annum that such amount was due and owing pursuant to such section.

2. Every manufacturer or distributor found to have violated any provision of this article shall be liable to the dealer for any financial injury or other damage suffered by such dealer as a result of such violation, and court costs and reasonable attorney's fees.

3. Any dealer found to have violated any provision of this article shall be liable to the manufacturer or distributor for any financial injury or other damage suffered by such manufacturer or distributor as a result of the violation, and court costs and reasonable attorneys' fees.

4. The provisions of this article shall be in addition to any legal or equitable right that any party has pursuant to any other provision of law or pursuant to any agreement between the parties.


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