2006 New York Code - Requirements On Users Of Consumer Reports.

 
    §  380-i.  Requirements  on  users  of  consumer reports. (a) Whenever
  credit or insurance  for  personal,  family  or  household  purposes  is
  denied,  or  whenever  a  residential  rental or lease is denied, or the
  charge for such credit or insurance, or rental or  lease  is  increased,
  either  wholly  or partly because of information contained in a consumer
  report, the user of the report shall:
    (1) advise the consumer against whom  such  adverse  action  has  been
  taken of such action,
    (2)  supply  the  name  and  address  of the consumer reporting agency
  making the report, and
    (3) inform the consumer of his right to inspect and receive a copy  of
  such report by contacting the consumer reporting agency.
    (b)  In  addition  to  the  requirements  of  subdivision  (a) of this
  section, the user of any  such  report  for  purpose  of  evaluating  an
  application for credit shall furnish to the consumer the reasons for any
  adverse  action  in relation to such application in conformance with the
  requirements of the federal equal credit opportunity act (P.L.93-435, 15
  USC 1691 et seq) as that statute may from time to time be amended.
    (c) Every user of a  consumer  report  or  an  investigative  consumer
  report  shall  be  prohibited  from disseminating any such report to any
  other person unless such other person has a legitimate business need for
  the information in connection with a business transaction involving  the
  consumer.