N.Y. General Business Law 705 – Statement to contain instructions for notification of error
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§ 705. Statement to contain instructions for notification of error. Every statement of account rendered by a creditor to a consumer shall include the address to be used by the consumer in making inquiries concerning his statement.
Terms Used In N.Y. General Business Law 705
- Consumer: means a natural person. See N.Y. General Business Law 701
- Creditor: means a person, partnership, corporation, association or other entity who, in the ordinary course of business, regularly extends consumer credit. See N.Y. General Business Law 701