3 CRR-NY 33.5NY-CRR
3 CRR-NY 33.5
3 CRR-NY 33.5
33.5 Notifications.
The notification referred to in section 33.2(f) of this Part shall be delivered or mailed by the lending institution to the person who is primarily liable on the loan, no less than 25 days nor more than 60 days prior to the effective date of a rate increase or change in payment terms. The notice should indicate the new rate and, if applicable, the new payment amount.
3 CRR-NY 33.5
Current through January 31, 2023
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.