New York § 904 - 904Violations
Full text of New York New York Consolidated Laws § 904 — 904Violations, with citation guidance and answers to common questions.
§ 904. 904Violations
§ 904. Violations. 1. If the superintendent finds, after notice and hearing, that a student loan servicer has knowingly violated this article by failing to comply with any reporting requirement or by knowingly furnishing materially inaccurate information to the superintendent, the superintendent may impose a civil penalty of not more than ten thousand dollars for each violation. 2. The superintendent may order that any person who has been found to have knowingly violated any provision of this article, or of the rules and regulations issued pursuant thereto, and has thereby caused financial harm to consumers, be barred for a term not exceeding ten years from acting as a student loan servicer, or a stockholder, or an officer, director, partner or other owner, or an employee of a student loan servicer.
Frequently Asked Questions About New York § 904
What does New York Consolidated Laws § 904 cover?
Section 904 ("904Violations") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 904?
A common citation format is "New York Consolidated Laws § 904" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 904 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.