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N.Y. Education Law § 628

Proper execution of master promissory notes

New York · New York Education Law · Status: effective · Effective 2014-09-22

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N.Y. Education Law § 628, Proper execution of master promissory notes, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1100477
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§ 628. Proper execution of master promissory notes. A covered institution shall not direct in any manner whatsoever potential borrowers to any electronic master promissory notes or other loan agreements that do not provide a reasonable and convenient alternative for the borrower to complete a master promissory note with any federally approved lending institution offering the relevant loan in this state.