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New York · Through 2026-09-11

N.Y. Education Law § 628: Proper execution of master promissory notes

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Where this section sits in the code
  1. Education Law
  2. Title 1. General Provisions Article 1 Short Title and Definitions (§§
  3. Article 13-B. Student Lending Accountability, Transparency and Enforcement Act

§ 628. Proper execution of master promissory notes. A covered

institution shall not direct in any manner whatsoever potential

borrowers to any electronic master promissory notes or other loan

agreements that do not provide a reasonable and convenient alternative

for the borrower to complete a master promissory note with any federally

approved lending institution offering the relevant loan in this state.

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

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