New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter I - GENERAL REGULATIONS OF THE SUPERINTENDENT
Part 92 - Variable Rate Closed-end Retail Instalment Contracts And Obligations Entered Into By Retail Sellers
Section 92.2 - Scope

Current through Register Vol. 46, No. 12, March 20, 2024

This Part governs contracts or obligations which provide for changes, from time to time but not more often than once within any three-month period, in the rate of credit service charge charged with respect to a contract or obligation entered into by a retail seller or a contract or obligation purchased or acquired by a holder from a retail seller. The use of indices for such variable rate contracts or obligations must comply with Part 334 of this Title.

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