Student Lending Accountability, Transparency and Enforcement Act | Midpage

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New York Consolidated Laws

13-B

Student Lending Accountability, Transparency and Enforcement Act

620Definitions 621Prohibition of gifts made by lending institutions to covered institutions and their employees 622Prohibition of receipt of gifts by covered institutions 623Prohibition of receipt of gifts by covered institution employees 624Covered institution employee prohibitions and reporting requirements 625Misleading identification of lending institutions' employees 626Loan disclosure and prohibition of quid pro quo high risk loans 627Standards for preferred lender lists 628Proper execution of master promissory notes 629Disclosures at request of covered institutions 630Penalties 631Rules and regulations 632Non-exclusivity of rights or remedies