State Codes and Statutes

Statutes > New-york > Edn > Title-1 > Article-13-b > 628

§  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.

State Codes and Statutes

Statutes > New-york > Edn > Title-1 > Article-13-b > 628

§  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.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Edn > Title-1 > Article-13-b > 628

§  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.