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This entry was published on 2014-09-22
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SECTION 143-A
Information to be given to public welfare officials by retail instalment sellers, small loan companies and sales finance companies
Social Services (SOS) CHAPTER 55, ARTICLE 5, TITLE 1
§ 143-a. Information to be given to public welfare officials by retail
instalment sellers, small loan companies and sales finance companies.
If requested by an authorized representative of the department or by an
authority charged with the duty of administering laws relating to public
assistance or care in any village, town, city or county, the officials
or executives of any corporation or partnership and all persons engaged
in selling goods or furnishing services to retail buyers for a time sale
price payable in instalments, or in making personal loans whether as a
licensed lender under the banking law or otherwise, and any sales
finance company as defined in article ten of the banking law, shall
furnish to such representatives or authority such information of which
such officials, executives or persons shall have cognizance relating to
transactions with a recipient of or an applicant for public assistance
or care named in such request. Such facts shall include a description
of the goods or services sold and the amount of the obligation incurred
therefor, the amount of any loan made, the amounts paid and the balance
owing, the place of employment, the wages, salaries, earnings or other
income, guarantors or co-signers, and all other information furnished by
the persons named for the purpose of obtaining credit.