N.Y. EDN Law § 628
This is the official text of N.Y. EDN Law § 628, part of New York’s EDN Law — part of the compiled statutory law of New York, published by the state as "EDN Law." Browse the sections below, each linked to its official government source.
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Proper execution of master promissory notes
Official statutory text
§ 628. Proper execution of master promissory notes. A covered\ninstitution shall not direct in any manner whatsoever potential\nborrowers to any electronic master promissory notes or other loan\nagreements that do not provide a reasonable and convenient alternative\nfor the borrower to complete a master promissory note with any federally\napproved lending institution offering the relevant loan in this state.\n
Status: in_force · Read it on the official government site
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