N.Y. VAT. LAW § 467 : NY Code - Section 467: Dealership facilities assistance upon termination, cancellation or nonrenewal

Search N.Y. VAT. LAW § 467 : NY Code - Section 467: Dealership facilities assistance upon termination, cancellation or nonrenewal

Upon a permitted termination, cancellation or nonrenewal
  by the franchisor, unless such termination, cancellation  or  nonrenewal
  is  for a reason or reasons set forth in subparagraph three of paragraph
  (d) of subdivision two of  section  four  hundred  sixty-three  of  this
  article,  the  franchisor  shall assume the obligations for any lease of
  the dealership facilities or arrange for a new lease of  the  dealership
  facilities  or  pay the dealer the lease payments for one year, whatever
  is less, or negotiate a lease termination for the dealership  facilities
  at  the  franchisor's  expense.  If  the  facilities  are  owned  by the
  franchised motor vehicle dealer, the franchisor shall pay such dealer  a
  sum equivalent to the reasonable rental value of the dealership facility
  for  one  year,  provided  the  franchised  motor  vehicle  dealer shall
  mitigate damages in the case of an owned facility.


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