New York policy
A9404: Relates to the prohibition of lending institutions issuing unsolicited mail-loan checks
NY Assembly · Sponsor Angelo Santabarbara
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- June 2, 2026
What it requires
Relates to the prohibition of lending institutions issuing mail-loan checks except in response to an affirmative request or application therefor; provides that any debt, interest, fee or other obligation arising from a mail-loan check issued in violation of this section shall be null and void and unenforceable.
ny-stateassemblylegislationbill
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