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New York policy

S9570: Relates to the prohibition of lending institutions issuing unsolicited mail-loan checks

NY Senate · Sponsor James Skoufis

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
May 14, 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-statesenatelegislationbill

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