ยง 712. Mailing of statements of credit account balances. Each creditor
shall provide every holder of a consumer credit account with a statement
setting forth any credit balance greater than one dollar at the end of
the billing cycle in which such balance is first posted, unless such
balances have already been refunded, and thereafter at least once in
every three billing cycles.
Structure New York Laws
Article 34-A - Consumer Credit Balances
711 - Transfer of Credit Balances Prohibited.
712 - Mailing of Statements of Credit Account Balances.
713 - Required Notice in Credit Account Statements; Refund of Balances.
714 - Automatic Refund of Credit Balances.