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The Laws of New York
Consolidated Laws of New York
CHAPTER 16
Education
TITLE 1
General Provisions Article 1 Short Title and Definitions (ยงยง
ARTICLE 13-B
Student Lending Accountability, Transparency and Enforcement Act
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SECTION 628
Proper execution of master promissory notes
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ARTICLE 13-B
Student Lending Accountability, Transparency and Enforcement Act
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SECTION 630
Penalties
This entry was published on 2014-09-22
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SECTION 629
Disclosures at request of covered institutions
Education (EDN) CHAPTER 16, TITLE 1, ARTICLE 13-B
§ 629. Disclosures at request of covered institutions. Except for
educational loans made, insured, or guaranteed by the federal
government, upon the request of any covered institution, a lending
institution shall disclose to such covered institution, in reasonable
detail and form, the historic default rates of the borrowers from such
covered institution, and the rates of interest charged to borrowers from
such covered institution in the year preceding the disclosures and the
number of borrowers obtaining each rate of interest.