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S02195 Summary:

BILL NOS02195
 
SAME ASSAME AS A06079
 
SPONSORKAVANAGH
 
COSPNSRKAMINSKY
 
MLTSPNSR
 
Add 9-y, Bank L
 
Relates to authorizing commercial mortgage forbearance during the COVID-19 pandemic; requires New York regulated institutions to make applications for forbearance available to qualified commercial mortgagors and to grant such forbearance for a period of ninety days, subject to the safety and soundness requirements of the regulated institution.
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