N.Y. Education Law § 621: Prohibition of gifts made by lending institutions to covered institutions and their employees

§ 621. Prohibition of gifts made by lending institutions to covered

institutions and their employees. 1. A lending institution may not,

directly or indirectly, offer or provide any gift to a covered

institution or a covered institution employee, in exchange for any

advantage or consideration provided to such lending institution related

to its educational loan activities.

2. A lending institution may not engage in revenue sharing with a

covered institution.