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N.Y. GBS Law § 458-E

This is the official text of N.Y. GBS Law § 458-E, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS 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.

Advance fees prohibited

Official statutory text

§ 458-e. Advance fees prohibited. It is hereby declared to be an\nunfair and deceptive trade practice and unlawful for a credit services\nbusiness to receive or collect from a consumer any fee in advance of the\nperformance of those services specified in the contract as required by\nsection four hundred fifty-eight-f of this chapter.\n

Status: in_force · Read it on the official government site

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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.