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This entry was published on 2014-09-22
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SECTION 517
Statements of account
General Business (GBS) CHAPTER 20, ARTICLE 29-A
§ 517. Statements of account. No agreement between the issuer and the
holder shall contain any provision that a statement sent by the issuer
to the holder shall be deemed correct unless objected to within a
specified period of time. Any such provision is against public policy
and shall be of no force or effect.