1. The Laws of New York
  2. Consolidated Laws
  3. General Business
  4. Article 29-A: Unauthorized or Improper Use of Credit Cards and Debit Cards

Section 517 Statements of account

General Business (GBS)

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.