N.Y. PEP Law § 508
This is the official text of N.Y. PEP Law § 508, part of New York’s PEP Law — part of the compiled statutory law of New York, published by the state as "PEP Law." Browse the sections below, each linked to its official government source.
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Administration by the attorney general
Official statutory text
§ 508. Administration by the attorney general. The attorney general\nmay make rules and regulations necessary for the administration of this\narticle; provided, however, that such rules and regulations shall not\nattempt to regulate or characterize rental-purchase agreements as a\nsecurity interest, credit sale, retail installment sale, conditional\nsale or any other form of consumer credit that imputes to a\nrental-purchase agreement the creation of a debt or extension of credit,\nnor shall such rules and regulations require the disclosure of a\npercentage rate calculation, including a time-price differential, an\nannual percentage rate, or an effective annual percentage rate.\n
Status: in_force · Read it on the official government site
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