New York § 629 Disclosures at request of covered institutions

New York Statutes

§ 629 — Disclosures at request of covered institutions

New York § 629

Law EDNEducation

Title 1General Provisions Article 1 Short Title and Definitions (§§

Art. 13-BStudent Lending Accountability, Transparency and Enforcement Act

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Bluebook

N.Y. Education § 629 (2026).

Text

  § 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

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§ 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