Section 6501-A. Disclosure with respect to loans made or guaranteed by the New York state higher education services corporation

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Every application  for a license issued pursuant to the provisions  of this  article  shall
  contain a question inquiring whether the applicant has any loans made or
  guaranteed  by  the New York state higher education services corporation
  currently outstanding, and if so, whether such applicant is presently in
  default on any such loan.  The name  and address of  any  applicant  who
  answers  either  or  both  of such questions in the affirmative shall be
  transmitted to such corporation by the department prior to the  date  on
  which such license is issued.

                    
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