Legislation
SECTION 784
Penalties and liabilities
General Business (GBS) CHAPTER 20, ARTICLE 37
§ 784. Penalties and liabilities. 1. Failure of the vendor to comply
with any of the provisions of this article is a misappropriation of
funds and action may be brought by the vendee against the vendor for the
return of any moneys advanced. In addition, such vendor shall be liable
for criminal action pursuant to the provisions of subdivision two of
this section.
2. Failure of the vendor to comply with any of the provisions of this
article shall be deemed a misdemeanor.
3. Nothing in this article shall impair, limit or reduce the
statutory, common law or contractual duties or liability of any vendor
in the construction of a home nor shall these provisions apply to any
local law or ordinance which requires the posting of public improvement
bonds.
with any of the provisions of this article is a misappropriation of
funds and action may be brought by the vendee against the vendor for the
return of any moneys advanced. In addition, such vendor shall be liable
for criminal action pursuant to the provisions of subdivision two of
this section.
2. Failure of the vendor to comply with any of the provisions of this
article shall be deemed a misdemeanor.
3. Nothing in this article shall impair, limit or reduce the
statutory, common law or contractual duties or liability of any vendor
in the construction of a home nor shall these provisions apply to any
local law or ordinance which requires the posting of public improvement
bonds.