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The Laws of New York
Consolidated Laws of New York
CHAPTER 2
Banking
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ARTICLE 14-A
Student Loan Servicers
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CHAPTER 2
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ARTICLE 15
General Provisions Applicable to Banking Stock Corporations, Limited Liability Investment Companies, and Limited Liability Trust Companies
This entry was published on 2025-05-16
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ARTICLE 14-B
Buy-now-pay-later Lenders
Banking (BNK) CHAPTER 2
SECTION 735
Short title
SECTION 736
Definitions
SECTION 737
License or authorization
SECTION 738
Conditions precedent to issuing a license; procedure where application is denied
SECTION 739
License provisions and posting
SECTION 740
Application for acquisition of control of buy-now-pay-later lender by purchase of stock
SECTION 741
Grounds for revocation or suspension of license; procedure
SECTION 742
Superintendent authorized to examine
SECTION 743
Licensee's books and records; reports
SECTION 744
Acts prohibited
SECTION 745
Interest and other charges
SECTION 746
Consumer protections
SECTION 747
Authority of superintendent
SECTION 748
Penalties
SECTION 749
Severability
* ARTICLE 14-B

BUY-NOW-PAY-LATER LENDERS
Section 735. Short title.

736. Definitions.

737. License or authorization.

738. Conditions precedent to issuing a license; procedure where

application is denied.

739. License provisions and posting.

740. Application for acquisition of control of buy-now-pay-later

lender by purchase of stock.

741. Grounds for revocation or suspension of license; procedure.

742. Superintendent authorized to examine.

743. Licensee's books and records; reports.

744. Acts prohibited.

745. Interest and other charges.

746. Consumer protections.

747. Authority of superintendent.

748. Penalties.

749. Severability.
* NB Effective upon the one hundred eightieth day after the promulgation
of rules and/or regulations by the department of financial services to
effectuate certain provisions (see Ch. 58 of 2025, Part Y, § 13)