New York Education Code § 628

Proper execution of master promissory notes
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§ 628. Proper execution of master promissory notes. A covered\ninstitution shall not direct in any manner whatsoever potential\nborrowers to any electronic master promissory notes or other loan\nagreements that do not provide a reasonable and convenient alternative\nfor the borrower to complete a master promissory note with any federally\napproved lending institution offering the relevant loan in this state.\n

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