Statute · New York General Business Law
N.Y. Gen. Bus. Law § 712 — Mailing of statements of credit account balances
N.Y. Gen. Bus. Law § 712
- Type
- Statute
- Source
- New York General Business Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 712. Mailing of statements of credit account balances. Each creditor shall provide every holder of a consumer credit account with a statement setting forth any credit balance greater than one dollar at the end of the billing cycle in which such balance is first posted, unless such balances…
Citator
N.Y. Gen. Bus. Law § 712 — Mailing of statements of credit account balances is in force in the current edition of the Code, and nothing recorded condemns it.
§ 712. Mailing of statements of credit account balances. Each creditor shall provide every holder of a consumer credit account with a statement setting forth any credit balance greater than one dollar at the end of the billing cycle in which such balance is first posted, unless such balances have already been refunded, and thereafter at least once in every three billing cycles.