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N.Y. Educ. Law § 629

Disclosures at request of covered institutions

2014-09-22

§ 629. Disclosures at request of covered institutions. Except for\neducational loans made, insured, or guaranteed by the federal\ngovernment, upon the request of any covered institution, a lending\ninstitution shall disclose to such covered institution, in reasonable\ndetail and form, the historic default rates of the borrowers from such\ncovered institution, and the rates of interest charged to borrowers from\nsuch covered institution in the year preceding the disclosures and the\nnumber of borrowers obtaining each rate of interest.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.