N.Y. Education Law § 622: Prohibition of receipt of gifts by covered institutions

§ 622. Prohibition of receipt of gifts by covered institutions. 1. A

covered institution may not, directly or indirectly, solicit, accept or

receive any gift from or on behalf of a lending institution, in exchange

for any advantage or consideration provided to such lending institution

related to its educational loan activities.

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

lending institution.