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New York · Through 2026-09-11

N.Y. Financial Services Law § 811: Rules and regulations

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Where this section sits in the code
  1. Financial Services Law
  2. Article 8. Commercial Financing

§ 811. Rules and regulations. The superintendent is hereby authorized

and empowered to promulgate such rules and regulations as may in the

judgment of the superintendent be consistent with the purposes of this

article, or appropriate for the effective administration of this

article, including, but not limited to:

(a) Such rules and regulations in connection with the calculation or

determination of any metric required to be disclosed to a recipient.

(b) Such rules and regulations as necessary to develop and prescribe

disclosure formatting to be used by providers that allows for recipients

to easily compare financing options in a clear and conspicuous manner.

Such rules and regulations shall include the designation and method for

disclosing the information required in this article, or approving

adequate forms and methods already used by providers.

(c) Such rules and regulations as may define the terms used in this

article and as may be necessary and appropriate to interpret and

implement the provisions of this article.

(d) Such rules and regulations as may be necessary for the enforcement

of this article.

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

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