2019 New York Laws
GBS - General Business
Article 33-B - Express Consumer Warranty on Farm Equipment
697 - Definitions.

Universal Citation: NY Gen Bus L § 697 (2019)
§ 697. Definitions. Whenever used in this article: 1. "Consumer" means
a  New  York resident who is the purchaser, lessee or transferee of farm
equipment, other than for the purposes of resale.
  2. "Farm equipment"  means  any  self  propelled  farm  equipment  and
implements  of  husbandry  and the accessories and parts included in the
sale or lease of same designed and manufactured primarily to be used for
agricultural purposes and for the United States market or in  compliance
with  the laws and standards of the United States for which the purchase
or lease price for each piece of farm  equipment  exceeds  one  thousand
five  hundred  dollars and which is being transferred for the first time
from a manufacturer, distributor or new farm machinery  dealer  and  has
not been registered or titled in this state or any other state.
  3.  "Express  warranty" or "warranty" means the written affirmation of
fact or promise made by a supplier to a consumer in connection with  the
sale  of  farm  equipment which relates to the nature of the material or
workmanship,  including  any  terms  or  conditions  precedent  to   the
enforcement of obligations under that warranty.
  4.  (a)  "Use deduction formula" shall be used on farm equipment which
does not contain an engine hour meter or for  which  hours  is  not  the
basic  usage  standard and means a dollar amount obtained by multiplying
the full purchase price or lease  price  of  the  farm  equipment  by  a
fraction,  the  denominator  of  which  is  one  thousand  eight hundred
twenty-five and the numerator of which  is  the  number  of  days  after
delivery of the farm equipment.

(b) "Non-seasonal equipment hours deduction formula" shall be used on farm equipment which contains an engine hour meter and for which hours is the basic usage standard and means the hours of use times the full purchase price, or lease price if applicable, divided by five thousand hours.

(c) "Seasonal equipment hours deduction formula" shall be used on self-propelled harvesting equipment which contains an engine hour meter and for which hours is the basic usage standard and means the hours of use times the full purchase price, or lease price if applicable, divided by two thousand hours. 5. "Lessee" means any consumer who leases farm equipment pursuant to a written lease agreement which provides that the lessee is responsible for repairs to such farm equipment. 6. "Lease price" means the aggregate of: (a) the lessor's actual purchase cost; (b) the freight cost, if applicable; (c) the cost for accessories, if applicable; (d) any fee paid to another to obtain the lease; and (e) an amount equal to five percent of the lessor's actual purchase cost as prescribed in paragraph (a) of this subdivision. 7. "Supplier" means the manufacturer, wholesaler or distributor that issues the warranty effective in New York state for the farm equipment sold by the dealer. 8. "Dealer" means any person selling or agreeing to sell farm equipment under an agreement with a manufacturer, wholesaler or distributor. 9. "Nonconformity" means any condition of the farm machinery that substantially impairs the value or safety of such equipment, or its use for the purpose for which it was intended.

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