N.Y. CVP Law § 214-I
This is the official text of N.Y. CVP Law § 214-I, part of New York’s CVP Law — part of the compiled statutory law of New York, published by the state as "CVP Law." Browse the sections below, each linked to its official government source.
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Certain actions arising out of consumer credit transactions to be commenced within three years
Official statutory text
* § 214-i. Certain actions arising out of consumer credit transactions\nto be commenced within three years. An action arising out of a consumer\ncredit transaction where a purchaser, borrower or debtor is a defendant\nmust be commenced within three years, except as provided in section two\nhundred thirteen-a of this article or article 2 of the uniform\ncommercial code or article 36-B of the general business law.\nNotwithstanding any other provision of law, when the applicable\nlimitations period expires, any subsequent payment toward, written or\noral affirmation of or other activity on the debt does not revive or\nextend the limitations period.\n * NB There are 2 § 214-i's\n
Status: in_force · Read it on the official government site
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