N.Y. General Business Law Section 456
Budget planning prohibited

No person or entity shall engage in the business of budget planning as defined in § 455 (Definitions)section four hundred fifty-five of this article, except as authorized in article twelve-C of the banking law.

Source: Section 456 — Budget planning prohibited, https://www.nysenate.gov/legislation/laws/GBS/456 (updated Sep. 22, 2014; accessed Feb. 7, 2026).

455
Definitions 456
Budget planning prohibited 457
Penalty

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Verified:
Feb. 7, 2026

Last modified:
Sep. 22, 2014

§ 456. Budget planning prohibited's source at nysenate.gov

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Location: https://newyork.public.law/laws/n.y._general_business_law_section_456

Original Source: Section 456 — Budget planning prohibited, https://www.nysenate.gov/legislation/laws/GBS/456 (last accessed Feb. 7, 2026).

N.Y. General Business Law Section 456 Budget planning prohibited

N.Y. General Business Law Section 456
Budget planning prohibited