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State money laws

New York

Security deposit, gift card cash back, and final paycheck law for New York — each rule with its statute citation and the date it was verified.

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Security deposit

Your landlord had 14 days to return your deposit or list the deductions in writing. If they were late or kept it wrongly, if they miss the 14 days they lose the right to keep any of it, and a willful violation can add up to twice the deposit.

Return deadline14 days

If the landlord is late or keeps it wronglyLandlord who misses the deadline forfeits the right to retain any portion; actual damages, and for willful violation punitive damages up to twice the deposit

N.Y. Gen. Oblig. Law § 7-108 · Verified 2026-10-21 · Read the statute

Verified from statute summaries of § 7-108(1-a): itemized statement and balance due within 14 days after the tenant vacates.

Gift card cash back

If less than $5 is left on your gift card, you can choose to get that money in cash.

Cash backless than $5

The ruleWhen the remaining value of a gift card or gift certificate is less than $5, the holder may opt to receive cash for the balance.

N.Y. Gen. Bus. Law § 396-i · Verified 2026-10-21 · Read the statute

Applies to gift cards/certificates purchased on or after December 10, 2022 (2022 amendment). Confirmed via the New York courts law-librarian summary of § 396-i and the Department of State consumer alert.

Final paycheck

Your final pay is due on the next regular payday, whether you quit or were fired. A willful failure to pay can double it.

If firedNext regular payday

If you quitNext regular payday

Late-pay penaltyLiquidated damages of 100% of the wages due for a willful failure to pay, plus costs and attorney fees (§ 198(1-a))

N.Y. Lab. Law §§ 191, 198 · Verified 2026-10-21 · Read the statute

Section 191 sets different pay-frequency rules by worker class; the final-pay rule for most employees is payment no later than the regular payday for the pay period in which separation occurred.

More money

Unclaimed money
Money held by the state in your name.

Class action settlements
Open settlements you can claim.

Rules above are the statute as verified on the date shown on each card. Local ordinances can add rules. This page is information, not legal advice.