N.Y. Education Law Section 625
Misleading identification of lending institutions’ employees

1.

A lending institution shall require that no employee or agent of such lending institution is identified to borrowers or potential borrowers of a covered institution as an employee, representative or agent of such covered institution.

2.

A covered institution shall require that no employee or agent of a lending institution is identified to borrowers or potential borrowers of such covered institution as an employee, representative or agent of such covered institution.

3.

No employee, representative or agent of a lending institution may staff a covered institution’s financial aid offices.

Source: Section 625 — Misleading identification of lending institutions' employees, https://www.­nysenate.­gov/legislation/laws/EDN/625 (updated Sep. 22, 2014; accessed Jan. 18, 2025).

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Accessed:
Jan. 18, 2025

Last modified:
Sep. 22, 2014

§ 625’s source at nysenate​.gov

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