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N.Y. Gen. Bus. Law § 460-g

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Redline — January 1, 2015 → current.View current text →
Current — January 1, 2016
As of January 1, 2015
* § 460-g. Surety requirement. Every provider shall maintain in full\nforce and effect a bond, contract of indemnity, or irrevocable letter of\ncredit, payable to the people of the state of New York, in the principal\namount of fifty thousand dollars; provided, however, that every provider\nthat receives in excess of two hundred fifty thousand dollars in total\nfees and other compensation for providing immigrant assistance service\nduring any twelve-month period shall maintain in full force and effect a\nbond, contract of indemnity, or irrevocable letter of credit, payable to\nthe people of the state of New York, in the principal amount of twenty\npercent of such total fees and compensation. Such surety shall be for\nthe benefit of any customer who does not receive a refund of fees from\nthe provider to which he or she is entitled, or is otherwise injured by\nthe provider. The attorney general on behalf of the customer or the\ncustomer in his or her own name, may maintain an action against the\nprovider and the surety.\n * NB Effective until February 2, 2015\n * § 460-g. Action. An individual who is harmed by a provider as a\nresult of a provider's violation of this article may bring an action in\nhis or her own name against a provider to enjoin such unlawful act or\npractice, an action to recover his or her actual damages or twenty-five\nhundred dollars, whichever is greater, or both such actions, in addition\nto any other remedy available in law or equity. The court may award\ncosts and reasonable attorney's fees to a prevailing plaintiff.\n * NB Effective February 2, 2015\n
§ 460-g. Action. An individual who is harmed by a provider as a result\nof a provider's violation of this article may bring an action in his or\nher own name against a provider to enjoin such unlawful act or practice,\nan action to recover his or her actual damages or twenty-five hundred\ndollars, whichever is greater, or both such actions, in addition to any\nother remedy available in law or equity. The court may award costs and\nreasonable attorney's fees to a prevailing plaintiff.\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.