Laws of New York (Last Updated: November 21, 2014) |
GBS General Business |
Article 28-BB. CREDIT SERVICES BUSINESS |
Section 458-C. Information statement; procedure
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Prior to the execution of a contract between a consumer and a credit services business, the credit services business shall provide the consumer an information statement in writing, on a separate sheet, containing the information required by section four hundred fifty-eight-d of this chapter. The consumer shall acknowledge receipt of such information statement by placing his signature on the face thereof. The credit services business shall maintain on file or microfilm for a period of two years from the date of such acknowledgement an exact copy of such information statement.