Title FIS, Financial Services Law

§ 606. Hold harmless for insureds from bills for emergency services\nand surprise bills. (a) A non-participating provider shall not bill an\ninsured for a surprise bill except for any applicable copayment,\ncoinsurance or deductible that would be owed if the insured utilized a\n…

§ 607. Dispute resolution for surprise bills. (a) Surprise bill\ninvolving an insured. (1) For a surprise bill involving an insured, the\nhealth care plan shall pay the non-participating provider in accordance\nwith paragraphs two and three of this subsection.\n (2) The non-part…

§ 608. Payment for independent dispute resolution entity. (a) For\ndisputes involving an insured, when the independent dispute resolution\nentity determines the health care plan's payment is reasonable, payment\nfor the dispute resolution process shall be the responsibility of t…

* § 609. Reporting on new criteria for determining a reasonable fee.\nFour years after the effective date of this section the superintendent\nof the department of financial services shall submit a report to the\ngovernor, the speaker of the assembly, the temporary president of t…

§ 701. Definitions. (a) The term "advertisement" shall include, but is\nnot limited to, all forms of marketing, solicitation, or dissemination\nof information related, directly or indirectly, to securing or obtaining\na student debt consulting contract or services. Further, it s…

§ 702. Prohibitions. A student debt consultant is prohibited from\ndoing the following:\n (a) performing student debt consulting services without a legal\nwritten, fully-executed contract with a borrower that comports with the\nprovisions of this article;\n (b) charging for or a…

§ 703. Disclosure requirements. (a) A student debt consultant shall\nclearly and conspicuously disclose in all advertisements:\n (1) the actual services the consultant provides to borrowers;\n (2) that borrowers may apply for consolidation loans from the United\nStates departmen…

§ 704. Student debt consulting contracts. (a) A student debt\nconsulting contract shall:\n (1) contain the entire agreement of the parties;\n (2) be provided in writing to the borrower for review before signing;\n (3) be printed in at least twelve-point type and written in the s…

§ 705. Penalties and other provisions. (a) If the superintendent\nfinds, after notice and hearing, that a consultant has knowingly\nviolated any provision of this article and the violation was material,\nthe superintendent may: (1) make null and void any agreement between the\nb…

§ 706. Rules and regulations. In addition to such powers as may\notherwise be prescribed by this chapter, the superintendent is hereby\nauthorized and empowered to promulgate such rules and regulations as may\nin the judgment of the superintendent be consistent with the purposes…

§ 801. Definitions. For the purposes of this article:\n (a) "Factoring transaction" means an accounts receivable purchase\ntransaction that includes an agreement to purchase, transfer, or sell a\nlegally enforceable claim for payment held by a recipient for goods the\nrecipient …

§ 802. Exemptions. This article shall not apply to, and shall not\nplace any additional requirements or obligations upon, any of the\nfollowing:\n (a) a financial institution;\n (b) a person acting in its capacity as a technology services provider,\nsuch as licensing software an…

§ 803. Sales-based financing disclosure requirements. A provider\nsubject to this article shall provide the following disclosures to a\nrecipient at the time of extending a specific offer of sales-based\nfinancing according to formatting prescribed by the superintendent:\n (a) T…

§ 804. Closed-end commercial financing disclosure requirements. A\nprovider, subject to this article, shall provide the following\ndisclosures to a recipient at the time of extending a specific offer for\nclosed-end financing according to formatting prescribed by the\nsuperinten…

§ 805. Open-end commercial financing disclosure requirements. A\nprovider, subject to this article, shall provide the following\ndisclosures to a recipient at the time of extending a specific offer for\nopen-end financing according to formatting prescribed by the\nsuperintendent…

§ 806. Factoring transaction disclosure requirements. A provider,\nsubject to this article, shall provide the following disclosures to a\nrecipient at the time of extending a specific offer for a factoring\ntransaction according to formatting prescribed by the superintendent:\n …

§ 807. Other forms of financing disclosure requirements. The\nsuperintendent may require disclosure by a provider extending a specific\noffer of commercial financing which is not open-end financing,\nclosed-end financing, sales-based financing, or factoring transaction\nbut othe…

§ 808. Disclosure requirements for renewal financing. If, as a\ncondition of obtaining the commercial financing, the provider requires\nthe recipient to pay off the balance of an existing commercial financing\nfrom the same provider, the provider must disclose:\n (a) The amount …

§ 809. Required signature. The provider shall obtain the recipient's\nsignature, which may be fulfilled by an electronic signature, on all\ndisclosures required to be presented to the recipient by this article\nbefore authorizing the recipient to proceed further with the commerc…

§ 810. Additional information. Nothing in this article shall prevent a\nprovider from providing or disclosing additional information on a\ncommercial financing being offered to a recipient, provided however,\nthat such additional information shall not be disclosed as part of the…

§ 811. Rules and regulations. The superintendent is hereby authorized\nand empowered to promulgate such rules and regulations as may in the\njudgment of the superintendent be consistent with the purposes of this\narticle, or appropriate for the effective administration of this\n…

§ 812. Penalties. (a) Upon a finding by the superintendent that a\nprovider has violated the provisions of this article or the rules or\nregulations promulgated hereunder, the provider shall be ordered to pay\nto the people of this state a civil penalty for each violation of thi…

§ 901. Definitions. As used in this article:\n 1. "Higher education" means higher education or career education, as\nthose terms are defined in section two of the education law, via\ncorrespondence, online, or in person, regardless of whether the provider\nof such higher educati…

§ 902. Private education debt reporting. 1. Each student loan servicer\nshall, by the first of April of each year, submit an annual report which\ncomplies with any instructions published by the superintendent, in the\nmanner set forth in such instructions, certifying as accurate…

§ 903. Rules and regulations. In addition to such powers as may\notherwise be prescribed by this chapter, the superintendent is hereby\nauthorized and empowered to promulgate such rules and regulations as may\nin the judgment of the superintendent be consistent with the purposes…

§ 904. Violations. 1. If the superintendent finds, after notice and\nhearing, that a student loan servicer has knowingly violated this\narticle by failing to comply with any reporting requirement or by\nknowingly furnishing materially inaccurate information to the\nsuperintenden…

§ 905. Severability. If any provision of this article or the\napplication thereof to any person or circumstance is adjudged invalid by\na court of competent jurisdiction, that judgment shall not affect or\nimpair the validity of the other provisions of this article or the\nappli…