ยง 625. Misleading identification of lending institutions' employees.
1. A lending institution shall require that no employee or agent of
such lending institution is identified to borrowers or potential
borrowers of a covered institution as an employee, representative or
agent of such covered institution.
2. A covered institution shall require that no employee or agent of a
lending institution is identified to borrowers or potential borrowers of
such covered institution as an employee, representative or agent of such
covered institution.
3. No employee, representative or agent of a lending institution may
staff a covered institution's financial aid offices.
Structure New York Laws
Article 13-B - Student Lending Accountability, Transparency and Enforcement Act
621 - Prohibition of Gifts Made by Lending Institutions to Covered Institutions and Their Employees.
622 - Prohibition of Receipt of Gifts by Covered Institutions.
623 - Prohibition of Receipt of Gifts by Covered Institution Employees.
624 - Covered Institution Employee Prohibitions and Reporting Requirements.
625 - Misleading Identification of Lending Institutions' Employees.
626 - Loan Disclosure and Prohibition of Quid Pro Quo High Risk Loans.
627 - Standards for Preferred Lender Lists.
628 - Proper Execution of Master Promissory Notes.