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S05136 Summary:
BILL NO | S05136B |
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SAME AS | SAME AS A06226-B |
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SPONSOR | THOMAS |
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COSPNSR | ADDABBO, GAUGHRAN, JACKSON, PERSAUD |
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MLTSPNSR | |
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Add Art 42 §§1100 - 1109, Gen Bus L; amd §§105 & 3213, add §3012-c, CPLR | |
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Enacts protections for private education loan borrowers and cosigners; requires certain notifications from creditors and debt collectors; prohibits acceleration; enacts provisions for cosigner release. |