N.Y. Education Law 625 – Misleading identification of lending institutions' employees
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§ 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.
Terms Used In N.Y. Education Law 625
- Covered institution: shall mean any college, vocational institution, or approved program as defined in section six hundred one of this title. See N.Y. Education Law 620
- Lending institution: shall mean :
a. See N.Y. Education Law 620
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.