N.Y. Educ. Law § 628

Current through 2024 NY Law Chapter 457
Section 628 - Proper execution of master promissory notes

A covered institution shall not direct in any manner whatsoever potential borrowers to any electronic master promissory notes or other loan agreements that do not provide a reasonable and convenient alternative for the borrower to complete a master promissory note with any federally approved lending institution offering the relevant loan in this state.

N.Y. Educ. Law § 628