N.Y. Gen. Bus. Law § 712

Current through 2024 NY Law Chapter 553

Section 712 - Mailing of statements of credit account balances

Each creditor shall provide every holder of a consumer credit account with a statement setting forth any credit balance greater than one dollar at the end of the billing cycle in which such balance is first posted, unless such balances have already been refunded, and thereafter at least once in every three billing cycles.