N.Y. Comp. Codes R. & Regs. tit. 3 § 401.12

Current through Register Vol. 46, No. 45, November 2, 2024

Section 401.12 - Filing of rate charts and loan forms

(a) Within 30 business days after a licensee issues any rate chart(s) setting forth rates or amounts of interest to be used in its licensed lender operation, such licensee shall file with the superintendent two copies of each such chart(s).

(b) Within 30 business days after a licensee issues any form or forms of loan agreement or related security instruments to be used in its licensed lender operation, a licensee shall file with the superintendent one copy of each such loan agreement or related security instrument.

(c) Every form of loan agreement or related security instrument and every rate chart(s) of which a copy or copies are required to be filed with the superintendent pursuant to the provisions of this section shall indicate a date of issuance and an identifying symbol consisting of a combination of numbers and/or letters.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 401.12