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New York · Through 2026-09-11

N.Y. Banking Law § 739: License provisions and posting

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Where this section sits in the code
  1. Banking Law
  2. Article 14-B. Buy-now-pay-later Lenders

* § 739. License provisions and posting. 1. A license issued under

this article shall state the name and address of the licensee, and if

the licensee be a co-partnership or association, the names of the

members thereof, and for a corporation, the date and place of its

incorporation.

2. Such license shall be kept conspicuously posted on the mobile

application, website, or other consumer interface of the licensee, as

well as listed in the terms and conditions of any buy-now-pay-later loan

offered or entered into by the licensee. The superintendent may provide

by regulation an alternative form of notice of licensure.

3. A license issued under this article shall not be transferable or

assignable.

* NB Effective upon the one hundred eightieth day after the

promulgation of rules and/or regulations by the department of financial

services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §

13)

Collected 2026-09-14T19:32:44Z. Source file · JSON

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