New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 3. Banking |
Chapter I. General Regulations of the Superintendent |
Part 90. Variable Rate Open-End Accounts Established by Lending Institutions |
Sec. 90.6. Compliance with federal regulation
Latest version.
- Effective November 7, 1989, lenders which comply with section 226.5b of Regulation Z (12 CFR part 226) will be deemed to be in compliance with section 90.3 of this Part to the extent that section 90.3 pertains to home equity plans subject to section 226.5b; provided that lenders supply a copy of the disclosures required by section 226.5b for retention by the consumer.