There is a newer version of the New York Consolidated Laws
2010 New York Code
EDN - Education
Title 1 - GENERAL PROVISIONS
Article 13-B - (620 - 632) STUDENT LENDING ACCOUNTABILITY, TRANSPARENCY AND ENFORCEMENT ACT
622 - Prohibition of receipt of gifts by covered institutions.
§ 622. Prohibition of receipt of gifts by covered institutions. 1. A covered institution may not, directly or indirectly, solicit, accept or receive any gift from or on behalf of a lending institution, in exchange for any advantage or consideration provided to such lending institution related to its educational loan activities. 2. A covered institution may not engage in revenue sharing with a lending institution.
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