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General Obligations Law § 5-519 · Title 5. Interest and Usury; Brokerage On Loans

Return of excess a bar to further penalties

Verbatim from the official edition

Text — Law content up to date as of July 24, 2026, as published by the New York State Senate (Open Legislation)

§ 5-519. Return of excess a bar to further penalties. Every person who shall repay or return the money, goods or other things so taken, accepted or received, or the value thereof, shall be discharged from any other or further forfeiture or penalty which he may have incurred under sections 5-511 or 5-513, by taking or receiving the money, goods or other thing so repaid, or returned, as aforesaid.

Source of truth

Edition
Law content up to date as of July 24, 2026, as published by the New York State Senate (Open Legislation)
Official file
https://legislation.nysenate.gov/pdf/laws/GOB5-519
Text hash
sha256 5387b21612618369572ac7def92bb8da8591de8c04ef30c68780ecb7559825fe
Composed by
gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.