Extends the effectiveness of provisions of law relating to permissible fees in connection with open end loans until June 30, 2027.
New York A08409 amends the banking law to extend the effectiveness of provisions relating to permissible fees in connection with open end loans. The changes will remain in effect until June 30, 2027. The bill was passed and signed into law on June 20, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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