N.Y. Civil Practice Law & Rules § 214-i: Certain actions arising out of consumer credit transactions to be commenced within three years

* § 214-i. Certain actions arising out of consumer credit transactions

to be commenced within three years. An action arising out of a consumer

credit transaction where a purchaser, borrower or debtor is a defendant

must be commenced within three years, except as provided in section two

hundred thirteen-a of this article or article 2 of the uniform

commercial code or article 36-B of the general business law.

Notwithstanding any other provision of law, when the applicable

limitations period expires, any subsequent payment toward, written or

oral affirmation of or other activity on the debt does not revive or

extend the limitations period.

* NB There are 2 § 214-i's