State Codes and Statutes

Statutes > New-york > Gbs > Article-15 > 254

§  254.  Creditor  relationship. Without limiting the scope of section  two hundred fifty-three, there shall be a  rebuttable  presumption  that  the  creditor  shall  have  knowingly participated in or shall have been  directly connected with a consumer sale if:    (a) the creditor is a person related to the seller; or    (b) the seller prepared forms or documents used to evidence or  secure  the consumer loan; or    (c)  the  creditor supplied forms to the seller which were used by the  consumer to apply for, evidence or secure the consumer loan.

State Codes and Statutes

Statutes > New-york > Gbs > Article-15 > 254

§  254.  Creditor  relationship. Without limiting the scope of section  two hundred fifty-three, there shall be a  rebuttable  presumption  that  the  creditor  shall  have  knowingly participated in or shall have been  directly connected with a consumer sale if:    (a) the creditor is a person related to the seller; or    (b) the seller prepared forms or documents used to evidence or  secure  the consumer loan; or    (c)  the  creditor supplied forms to the seller which were used by the  consumer to apply for, evidence or secure the consumer loan.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Gbs > Article-15 > 254

§  254.  Creditor  relationship. Without limiting the scope of section  two hundred fifty-three, there shall be a  rebuttable  presumption  that  the  creditor  shall  have  knowingly participated in or shall have been  directly connected with a consumer sale if:    (a) the creditor is a person related to the seller; or    (b) the seller prepared forms or documents used to evidence or  secure  the consumer loan; or    (c)  the  creditor supplied forms to the seller which were used by the  consumer to apply for, evidence or secure the consumer loan.