N.Y. Educ. Law § 622

Current through 2024 NY Law Chapter 457
Section 622 - Prohibition of receipt of gifts by covered institutions
1. A covered institution may not, directly or indirectly, solicit, accept or receive any gift from or on behalf of a lending institution, in exchange for any advantage or consideration provided to such lending institution related to its educational loan activities.
2. A covered institution may not engage in revenue sharing with a lending institution.

N.Y. Educ. Law § 622