{"data":{"id":"us-ny/n.y.-general-business-law-711","jurisdiction":"us-ny","citation":"N.Y. General Business Law § 711","heading":"Transfer of credit balances prohibited","body":"§ 711. Transfer of credit balances prohibited. No creditor shall\nwrite-off, delete or transfer any credit balance greater than one dollar\nfrom a consumer credit account except to the extent that the consumer\nhas either received a cash refund or made offsetting purchases.\nProvided, however, that nothing herein shall prevent the creditor from\ndeleting a credit balance created through an error.","path":["General Business Law","Article 34-A. Consumer Credit Balances"],"source_url":"https://legislation.nysenate.gov/api/3/laws/GBS/711","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"1918161c30280bd60a54ae8791babc552af79efe349a371a0f94b89496da6a9c","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-general-business-law-710","next":"us-ny/n.y.-general-business-law-712"},"notice":"GroundRules: Original legal text. Not legal advice."}