Statute · New York General Business Law

N.Y. Gen. Bus. Law § 517 — Statements of account

N.Y. Gen. Bus. Law § 517

Type
Statute
Source
New York General Business Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 517. Statements of account. No agreement between the issuer and the holder shall contain any provision that a statement sent by the issuer to the holder shall be deemed correct unless objected to within a specified period of time. Any such provision is against public policy and shall be of no…

Citator

N.Y. Gen. Bus. Law § 517 — Statements of account is in force in the current edition of the Code, and nothing recorded condemns it.

§ 517. Statements of account. No agreement between the issuer and the holder shall contain any provision that a statement sent by the issuer to the holder shall be deemed correct unless objected to within a specified period of time. Any such provision is against public policy and shall be of no force or effect.