For purposes of this article: (a) The term 'consumer' means an individual. (b) The term 'creditor' means a person regularly engaged in the business of making loans. (c) The term 'seller' means a person who sells or agrees to sell personal property or furnishes or renders or agrees to furnish or render services. (d) The term 'consumer loan' means a loan of money by a creditor to a consumer for which the consumer's obligation is payable in installments or for which a finance or other charge is or may be imposed. (e) The term 'consumer sale' means a sale by a seller to a consumer of personal property or services for personal, family or household purposes. (f) The term 'person related to the seller' means with respect to an individual seller: (1) the spouse of the seller; (2) a brother, brother-in-law, sister or sister-in-law of the seller; (3) an ancestor or lineal descendant of the seller or his spouse; and (4) any other relative, by blood or marriage of the seller or his spouse who shares a residence with the seller. (g) The term 'person related to the seller' means with respect to any other seller: (1) a person directly or indirectly controlling, controlled by r his spouse who shares a residence with the seller. (g) The term 'person related to the seller' means with respect to any other seller: (1) a person directly or indirectly controlling, controlled by or under common control with the seller; (2) an officer or director of the seller, or a person performing similar functions with respect to the seller; the spouse of any such person; and any other relative by blood or marriage of any such person who shares a residence with such person. (h) A creditor who is not an individual shall be a 'person related to the seller' if an officer of the creditor or a person performing similar functions, whose duties include participation in or supervision over the consumer loan the proceeds of which were primarily used in the consumer sale, is a person related to the seller under (f) and (g) of this section.
New York Legal Code