New York § 254 - 254Creditor relationship
Full text of New York New York Consolidated Laws § 254 — 254Creditor relationship, with citation guidance and answers to common questions.
§ 254. 254Creditor relationship
§ 254. Creditor relationship. Without limiting the scope of section two hundred fifty-three, there shall be a rebuttable presumption that the creditor shall have knowingly participated in or shall have been directly connected with a consumer sale if: (a) the creditor is a person related to the seller; or (b) the seller prepared forms or documents used to evidence or secure the consumer loan; or (c) the creditor supplied forms to the seller which were used by the consumer to apply for, evidence or secure the consumer loan.
Frequently Asked Questions About New York § 254
What does New York Consolidated Laws § 254 cover?
Section 254 ("254Creditor relationship") 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 § 254?
A common citation format is "New York Consolidated Laws § 254" (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 § 254 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.