N.Y. CVP Law § 7516
This is the official text of N.Y. CVP Law § 7516, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Confirmation of an award based on a consumer credit transaction
Official statutory text
§ 7516. Confirmation of an award based on a consumer credit\ntransaction. In any proceeding under section 7510 of this article to\nconfirm an award based on a consumer credit transaction, the party\nseeking to confirm the award shall plead the actual terms and conditions\nof the agreement to arbitrate. The party shall attach to its petition\n(a) the agreement to arbitrate; (b) the demand for arbitration or notice\nof intention to arbitrate, with proof of service; and (c) the\narbitration award, with proof of service. If the award does not contain\na statement of the claims submitted for arbitration, of the claims ruled\nupon by the arbitrator, and of the calculation of figures used by the\narbitrator in arriving at the award, then the petition shall contain\nsuch a statement. The court shall not grant confirmation of an award\nbased on a consumer credit transaction unless the party seeking to\nconfirm the award has complied with this section.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.