N.Y. Educ. Law § 621

Current through 2024 NY Law Chapter 553
Section 621 - Prohibition of gifts made by lending institutions to covered institutions and their employees
1. A lending institution may not, directly or indirectly, offer or provide any gift to a covered institution or a covered institution employee, in exchange for any advantage or consideration provided to such lending institution related to its educational loan activities.
2. A lending institution may not engage in revenue sharing with a covered institution.

N.Y. Educ. Law § 621