N.Y. Comp. Codes R. & Regs. tit. 3 § 408.2
Current through Register Vol. 46, No. 25, June 18, 2024
For purposes of Executive Law, section 296-a(4)(a), a statement of the specific reasons for rejection of an application for credit shall be deemed to be in compliance with this section if it is a clear and meaningful statement of all of the factors which justified rejection.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 408.2