§ 391-f. Promotion of private schools by certain organizations. 1. Any person, firm or corporation engaged in the business, for profit, of promoting either private schools, as that term is defined in subdivision one of § 5001 of the education law or private business schools as that term is defined in subdivision one of section fifty hundred two of such law shall, in any publication, circular or advertisement making such promotion disclose the fact that such person, firm or corporation has or reasonably expects to receive monetary compensation for such promotion.

Terms Used In N.Y. General Business Law 391-F

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

2. If any promotion as specified in subdivision one hereof represents that any of such schools meet standards established therefor, then a copy of the standards of inspection and of the inspection report must be supplied by the promoter upon request.