N.Y. Comp. Codes R. & Regs. Tit. 3 § 403.2 - Filing of rate charts and agreements

(a) Within three business days after a licensee issues, distributes, furnishes or makes available any form or forms of finance agreements to be used by retail sellers in connection with retail installment sales, such licensee shall file with the superintendent one copy of each such form.

(b) Any licensee which issues, distributes, furnishes or makes available any chart or charts setting forth rates or amounts for credit service charges, and/or insurance, to be used in connection with the installment sale of motor vehicles or other goods or services, for the convenience of a retail seller or otherwise, shall file with the superintendent one copy of each of such charts not later than three days after the issuance thereof.

(c) If, at any time, subsequent to filing, the existing charts are altered, amended or changed, or new charts are issued, one copy of the amendments, alterations, changes or new charts shall be filed with the superintendent not later than three days after the issuance thereof.

(d) The term "chart", as used in this section, means all tables, formulae and instructions for the computation of credit service charges or service charges, including rates or tables for the incidental sale of insurance, and all variations thereof caused by or based upon class, geographic area, maturity or any other reason, and includes any and all printed material explaining or describing the manner in which such charts are to be utilized.

(e) Every form of finance agreement and every chart of which a copy is required to be filed with the superintendent pursuant to the provisions of this section shall bear thereon a date of issuance and an identifying symbol consisting of numbers or letters or a combination thereof.

Notes

N.Y. Comp. Codes R. & Regs. Tit. 3 § 403.2