New York § 135-L - 135-LAlternate financing method

Full text of New York New York Consolidated Laws § 135-L — 135-LAlternate financing method, with citation guidance and answers to common questions.

§ 135-L. 135-LAlternate financing method

§ 135-l. Alternate financing method. Notwithstanding the provisions of sections one hundred thirty-five-d and one hundred thirty-five-g of this article, a utility may satisfy its obligation to provide financing to eligible customers by concluding financial arrangements with two or more lending institutions in this state engaged in making home improvement loans to provide loans to eligible customers for home conservation programs pursuant to this article, provided that such loans shall be under such terms and conditions as are consistent with the terms and conditions of section one hundred thirty-five-g. The utility may guarantee such loans where the commission determines that such action is in furtherance of the public interest. If the commission determines it to be necessary, to facilitate the home improvement loans authorized by this article, it may require a utility to maintain a supply of loan application forms for such loans.

Frequently Asked Questions About New York § 135-L

What does New York Consolidated Laws § 135-L cover?

Section 135-L ("135-LAlternate financing method") 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 § 135-L?

A common citation format is "New York Consolidated Laws § 135-L" (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 § 135-L 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.