N.Y. Education Law Section 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.

Source: Section 628 — Proper execution of master promissory notes, https://www.­nysenate.­gov/legislation/laws/EDN/628 (updated Sep. 22, 2014; accessed May 4, 2024).

Accessed:
May 4, 2024

Last modified:
Sep. 22, 2014

§ 628’s source at nysenate​.gov

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