2017 New York Laws
GBS - General Business
Article 35-B - Automobile Broker Business
736 - Definitions.

Universal Citation: NY Gen Bus L § 736 (2017)

736. Definitions. As used in this article:

* 1. "Automobile broker business" means any person who, for a fee, commission or other valuable consideration paid by a consumer offers to provide, provides, or represents that he will provide a service of purchasing, arranging, assisting or effecting the purchase of an automobile as agent, broker, or intermediary for a consumer. "Automobile broker business" does not include any person registered as a dealer pursuant to article sixteen of the vehicle and traffic law, or any person who sells, offers for sale or acts as agent, broker or intermediary in effecting the purchase of three or less automobiles in any calendar year.

* NB Effective until June 16, 2018

* 1. "Automobile broker business" means any person who, for a fee, commission or other valuable consideration, regardless of whether such fee, commission, or consideration is paid directly by a consumer, offers to provide, provides, or represents that he or she will provide a service of purchasing, arranging, assisting, facilitating or effecting the purchase or lease of an automobile as agent, broker, or intermediary for a consumer. "Automobile broker business" does not include any person registered as a dealer pursuant to article sixteen of the vehicle and traffic law, or any person who sells, offers for sale or lease or acts as agent, broker or intermediary in effecting the purchase or lease of three or fewer automobiles in any calendar year, or any motor vehicle franchisor, manufacturer, or distributor registered under article sixteen of the vehicle and traffic law who sells or leases new motor vehicles to employees, immediate family members of employees, retirees, or immediate family members of retirees as authorized by paragraph (y) of subdivision two of section four hundred sixty-three of the vehicle and traffic law.

* NB Effective June 16, 2018

2. "Consumer" means a natural person who is solicited to purchase or who purchases the services of an automobile broker business.

3. "Person" includes an individual, corporation, partnership, joint venture, or any other business entity.


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