Laws of New York (Last Updated: November 21, 2014) |
GBS General Business |
Article 29-A. UNAUTHORIZED OR IMPROPER USE OF CREDIT CARDS AND DEBIT CARDS |
Section 517. Statements of account
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No agreement between the issuer and the holder shall contain any provision that a statement sent by the issuer to the holder shall be deemed correct unless objected to within a specified period of time. Any such provision is against public policy and shall be of no force or effect.