New York Codes, Rules and Regulations
Title 3 - BANKING
Chapter III - SUPERINTENDENT'S REGULATIONS
Subchapter B - NON-BANKING ORGANIZATIONS
Part 408 - Extension Of Credit On A Nondiscriminatory Basis
Section 408.3 - Attribution of past joint obligations
Universal Citation: 3 NY Comp Codes Rules and Regs ยง 408.3
Current through Register Vol. 46, No. 12, March 20, 2024
For purposes of Executive Law, section 296-a(4)(b), a response to a request for a separate credit history, made after July 15, 1974, shall include all obligations, whenever entered into, as to which the creditor or credit reporting bureau then has information in its files. In creating such a separate history, all obligations on which two parties were jointly liable shall be reported as the obligation of each irrespective of the actual source of payments.
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