{"data":{"id":"us-ny/n.y.-education-law-621","jurisdiction":"us-ny","citation":"N.Y. Education Law § 621","heading":"Prohibition of gifts made by lending institutions to covered institutions and their employees","body":"§ 621. Prohibition of gifts made by lending institutions to covered\ninstitutions and their employees. 1. A lending institution may not,\ndirectly or indirectly, offer or provide any gift to a covered\ninstitution or a covered institution employee, in exchange for any\nadvantage or consideration provided to such lending institution related\nto its educational loan activities.\n  2. A lending institution may not engage in revenue sharing with a\ncovered institution.","path":["Education Law","Title 1. General Provisions Article 1 Short Title and Definitions (§§","Article 13-B. Student Lending Accountability, Transparency and Enforcement Act"],"source_url":"https://legislation.nysenate.gov/api/3/laws/EDN/621","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"5a9734de4c229c62f89100d5d2e32216d4f5d3af0d940475168df7e9a2f986a1","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-education-law-620","next":"us-ny/n.y.-education-law-622"},"notice":"GroundRules: Original legal text. Not legal advice."}