N.Y. Arts and Cultural Affairs Law § 23.19

§ 23.19. Unlawful retention of payments. Any producer, promoter,\nprincipal, employee, general manager, company manager or agent of a\ntheatrical production company, as defined herein, who knowingly\nreceives, directly or indirectly, from any supplier, advertising agency,\npublication, theatre owner, theatre treasurer, ticket agent, ticket\nbroker, or other firm or person having dealings with, or applicable to,\nthe theatrical production company, or from any employees or agents\nthereof, any cash, checks, rebates, commissions, gifts, gratuities or\nother payments or consideration for reason of the business operations,\nmanagement, bidding, negotiation or other operation of such theatrical\nproduction company or arising out of the business of such theatrical\nproduction company, and who does not pay such amounts or consideration\ninto such theatrical production company within a period of seventy-two\nhours thereafter, except where such retention is expressly permitted by\nthe theatrical production company and where a written investor agreement\nsigned by all investors represented that such retention would be\npermitted by the theatrical production company, shall be guilty of a\nmisdemeanor, punishable by a fine of not more than five hundred dollars\nor imprisonment for not more than one year, or both.\n