reglab/housing_qa huggingface dataset:
NY Fin Serv L § 805 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 805 - Open-End Commercial Financing Disclosure Requirements.

* §  805.  Open-end  commercial  financing  disclosure requirements. A provider,  subject  to  this  article,  shall  provide   the   following disclosures to a recipient at the time of extending a specific offer for open-end   financing   according   to   formatting   prescribed  by  the superintendent:  (a) The maximum amount of credit available to the recipient (e.g., the credit line amount), and  the  amount  scheduled  to  be  drawn  by  the recipient  at  the  time  the  offer  is extended, if any, less any fees deducted or withheld at disbursement.  (b) The finance charge.  (c) The annual percentage rate, using only the words annual percentage rate or the abbreviation "APR", expressed  as  a  nominal  yearly  rate, inclusive  of  any  fees and finance charges that cannot be avoided by a recipient, and calculated  in  accordance  with  the  federal  Truth  in Lending  Act, Regulation Z, 12 C.F.R. § 1026.22 and based on the maximum amount of credit available to the recipient and the term resulting  from making  the  minimum  required payments term as disclosed, regardless of whether such act or such regulation would require such a calculation.  (d) The total repayment amount, which is the  draw  amount,  less  any fees  deducted or withheld at disbursement, plus the finance charge. The total repayment amount shall assume a draw amount equal to  the  maximum amount  of  credit  available to the recipient if drawn and held for the duration of the term or draw period.  (e) The term of the plan, if applicable, or the period  over  which  a draw is amortized.  (f)  The  payment frequency and amounts, based on the assumptions used in  the  calculation  of  the  annual  percentage  rate,   including   a description  of  payment  amount  requirements such as a minimum payment amount, and if the payment frequency is other than monthly,  the  amount of  the  average  projected payments per month. For payment amounts that are variable, the provider should  include  a  payment  schedule,  or  a description of the method used to calculate the amounts and frequency of payments, and the estimated average monthly payment amount.  (g)  A description of all other potential fees and charges that can be avoided by the recipient, including, but not limited to, draw fees, late payment fees, and returned payment fees.  (h) Were the recipient to elect to pay off or refinance the commercial financing prior to full repayment, the provider must disclose:  (i) whether the recipient would be required to pay any finance charges other than interest accrued since their last payment. If so,  disclosure of  the  percentage  of  any  unpaid  portion  of the finance charge and maximum dollar amount the recipient could be required to pay; and  (ii) whether the recipient would be required  to  pay  any  additional fees not already included in the finance charge.  (i) A description of collateral requirements or security interests, if any.   * NB Effective January 1, 2022
NY Fin Serv L § 806 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 806 - Factoring Transaction Disclosure Requirements.

* §  806.  Factoring  transaction disclosure requirements. A provider, subject to this article, shall provide the following  disclosures  to  a recipient  at  the  time  of  extending a specific offer for a factoring transaction according to formatting prescribed by the superintendent:  (a) The amount of the receivables purchase price paid to the recipient and, if different from the purchase price, the amount disbursed  to  the recipient after any fees deducted or withheld at disbursement.  (b) The finance charge.  (c)  The estimated annual percentage rate, using that term, calculated according to the federal Truth in Lending Act, Regulation Z, 12 C.F.R. § 1026 Appendix J, as a  "single  advance,  single  payment  transaction", regardless  of  whether such act or such regulation would require such a calculation. To calculate the  estimated  annual  percentage  rate,  the purchase  amount is considered the financing amount, the purchase amount minus the finance charge is considered the payment amount, and the  term is  established  by  the  payment  due  date  of  the receivables. As an alternate method of establishing the term, the provider may estimate the term for a factoring transaction as  the  average  payment  period,  its historical  data over a period not to exceed the previous twelve months, concerning payment  invoices  paid  by  the  party  owing  the  accounts receivable in question.  (d)  The  total  payment amount, which is the purchase amount plus the finance charge.  (e) A description of all other potential fees and charges that can  be avoided by the recipient.  (f)  A  description  of  the  receivables purchased and any additional collateral requirements or security interests.   * NB Effective January 1, 2022
NY Fin Serv L § 807 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 807 - Other Forms of Financing Disclosure Requirements.

* §  807.  Other  forms  of  financing  disclosure  requirements.  The superintendent may require disclosure by a provider extending a specific offer  of  commercial  financing  which  is  not   open-end   financing, closed-end  financing,  sales-based  financing, or factoring transaction but otherwise meets the definition of commercial financing  as  provided in   this  article.  Subject  to  such  rules  and  regulations  by  the superintendent, a provider subject to this  article  shall  provide  the following disclosures to a recipient at the time of extending a specific offer  of other forms of financing according to formatting prescribed by the superintendent:  (a) The total amount of the commercial financing, and the disbursement amount, if different from the financing amount, after any fees  deducted or withheld at disbursement.  (b) The finance charge.  (c) The annual percentage rate, using only the words annual percentage rate or the abbreviation "APR", expressed as a yearly rate, inclusive of any  fees  and  finance  charges,  and calculated in accordance with the relevant sections of the federal Truth in Lending Act, Regulation  Z  or this  article,  regardless  of whether such act or such regulation would require such a calculation.  (d) The total repayment amount which is the disbursement  amount  plus the finance charge.  (e) The term of the financing.  (f) The payment amounts:  (i)  for  payment  amounts  that  are  fixed,  the payment amounts and frequency (e.g.,  daily,  weekly,  monthly),  and  the  average  monthly payment amount; or  (ii)  for  payment  amounts that are variable, a payment schedule or a description of the method used to calculate the amounts and frequency of payments, and the estimated average monthly payment amount.  (g) A description of all other potential fees and charges that can  be avoided  by  the  recipient, including, but not limited to, late payment fees and returned payment fees.  (h) Were the recipient to elect to pay off or refinance the commercial financing prior to full repayment, the provider must disclose:  (i) whether the recipient would be required to pay any finance charges other than interest accrued since their last payment. If so,  disclosure of  the  percentage  of  any  unpaid  portion  of the finance charge and maximum dollar amount the recipient could be required to pay; and  (ii) whether the recipient would be required  to  pay  any  additional fees not already included in the finance charge.  (i) A description of collateral requirements or security interests, if any.   * NB Effective January 1, 2022
NY Fin Serv L § 808 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 808 - Disclosure Requirements for Renewal Financing.

* §  808.  Disclosure  requirements  for  renewal  financing. If, as a condition of obtaining the commercial financing, the  provider  requires the recipient to pay off the balance of an existing commercial financing from the same provider, the provider must disclose:  (a) The amount of the new commercial financing that is used to pay off the  portion  of  the  existing  commercial  financing  that consists of prepayment charges required to be paid and any unpaid  interest  expense that  was  not  forgiven at the time of renewal. For financing for which the total  repayment  amount  is  calculated  as  a  fixed  amount,  the prepayment  charge is equal to the original finance charge multiplied by the amount of the renewal used  to  pay  off  existing  financing  as  a percentage of the total repayment amount, minus any portion of the total repayment  amount forgiven by the provider at the time of prepayment. If the amount is more than zero, such amount shall be  the  answer  to  the following question:   "Does  the  renewal  financing  include any amount that is used to pay unpaid finance charge or fees, also known as double dipping? Yes, {enter amount}. If the amount is zero, the answer would be No."  (b) If the disbursement amount will be reduced to pay down any  unpaid portion  of  the  outstanding balance, the actual dollar amount by which such disbursement amount will be reduced.   * NB Effective January 1, 2022
NY Fin Serv L § 809 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 809 - Required Signature.

* § 809. Required signature. The provider shall obtain the recipient's   signature,  which  may  be  fulfilled by an electronic signature, on all   disclosures required to be presented to the recipient  by  this  article   before  authorizing the recipient to proceed further with the commercial   financing transaction application.* NB Effective January 1, 2022
NY Fin Serv L § 810 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 810 - Additional Information.

* § 810. Additional information. Nothing in this article shall prevent   a  provider  from  providing  or  disclosing additional information on a   commercial financing being offered to  a  recipient,  provided  however,   that  such  additional information shall not be disclosed as part of the   disclosure required by this article. If other metrics of financing  cost   are  disclosed  or  used  in  the  application  process  of a commercial   financing, these metrics shall not be presented as a "rate" if they  are   not  the  annual  interest  rate or the annual percentage rate. The term   "interest", when used to describe a percentage rate, shall only be  used   to  describe  annualized  percentage  rates, such as the annual interest   rate. When a provider states a rate of finance  charge  or  a  financing   amount  to  a  recipient  during  an  application process for commercial   financing, the  provider  shall  also  state  the  rate  as  an  "annual   percentage rate", using that term or the abbreviation "APR".* NB Effective January 1, 2022
NY Fin Serv L § 811 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 811 - Rules and Regulations.

* §   811.   Rules  and  regulations.  The  superintendent  is  hereby authorized and empowered to promulgate such rules and regulations as may in the judgment of the superintendent be consistent with the purposes of this article, or appropriate for the effective  administration  of  this article, including, but not limited to:  (a)  Such  rules and regulations in connection with the calculation or determination of any metric required to be disclosed to a recipient.  (b) Such rules and regulations as necessary to develop  and  prescribe disclosure formatting to be used by providers that allows for recipients to  easily  compare financing options in a clear and conspicuous manner. Such rules and regulations shall include the designation and method  for disclosing  the  information  required  in  this  article,  or approving adequate forms and methods already used by providers.  (c) Such rules and regulations as may define the terms  used  in  this article  and  as  may  be  necessary  and  appropriate  to interpret and implement the provisions of this article.  (d) Such rules and regulations as may be necessary for the enforcement of this article.   * NB Effective January 1, 2022
NY Fin Serv L § 812 (2021)
2021 New York Laws FIS - Financial Services Law Article 8 - Commercial Financing 812 - Penalties.

* §  812.  Penalties.  (a) Upon a finding by the superintendent that a provider has violated the provisions of this article  or  the  rules  or regulations  promulgated hereunder, the provider shall be ordered to pay to the people of this state a civil penalty for each violation  of  this article  or  any regulation or policy promulgated hereunder a sum not to exceed two thousand dollars for each violation or where  such  violation is willful ten thousand dollars for each violation.  (b)  In addition to any penalty imposed pursuant to subdivision (a) of this section, upon a finding by the superintendent that a  provider  has knowingly violated this article, the superintendent may order additional relief,  including,  but  not  limited to, restitution or a permanent or preliminary injunction on  behalf  of  any  recipient  affected  by  the violation.   * NB Effective January 1, 2022
NY Gen Assns L § 1 (2021)
2021 New York Laws GAS - General Associations Article 1 - Short Title; Definitions 1 - Short Title.

§  1.    Short  title.    This  chapter shall be known as the "General   Associations Law."
NY Gen Assns L § 2 (2021)
2021 New York Laws GAS - General Associations Article 1 - Short Title; Definitions 2 - Definitions.

§  2.  Definitions.  As used in this chapter: 1. The term "joint stock   association" includes  every  unincorporated  joint  stock  association,   company or enterprise having written articles of association and capital   stock  divided  into  shares,  but  does  not include a corporation or a   business trust.2. The  term  "business  trust"  means  any  association  operating  a   business  under  a  written  instrument  or  declaration  of  trust, the   beneficial interest under which is divided into  shares  represented  by   certificates.3.  The  term  "stockholder"  means  every  member  of  a  joint stock   association.4. The term "association," as used in article four  of  this  chapter,   means  a  joint stock association or a business trust as defined in this   section.
NY Gen Assns L § 3 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 3 - Contents of Articles of Association.

§ 3.  Contents of articles of association. The articles of association   of a joint-stock association may:1.    Provide that the death of a stockholder thereof, or the transfer   of his shares of stock therein, shall not  work  a  dissolution  of  the   association;2.    Prescribe  the  number of its directors, not less than three, to   have the sole management of its affairs;3.  Contain any other provision for the management of its affairs  not   inconsistent with law.
NY Gen Assns L § 4 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 4 - Certificate to Be Filed Within Sixty Days and Annually Thereafter; Penalty; Evidence.

§  4.    Certificate  to  be  filed  within  sixty  days  and annually   thereafter;  penalty;   evidence.      Every   joint-stock   association   transacting  business  within  this state shall, within sixty days after   its formation, and in each January thereafter, file with  the  secretary   of  state,  and  with  the  clerk  of  the county in which its principal   business is carried on, a written certificate, signed  and  verified  by   its  president  and treasurer, stating the name and date of organization   of such association, the number  of  its  stockholders,  the  names  and   places  of  residence  of  its  officers,  and  its  principal  place of   business.  Any such certificate, the record thereof, or a certified copy   of such certificate or record shall be presumptive evidence of the truth   of all facts therein stated against such association, its  officers  and   stockholders.    The  officers  of a joint-stock association who fail to   comply with  the  provisions  of  this  section  shall  be  jointly  and   severally  liable  to pay to the people of this state a penalty of fifty   dollars for each day such failure continues.
NY Gen Assns L § 5 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 5 - Dissolution.

§  5.   Dissolution.  A joint-stock association shall not be dissolved   except in pursuance of its articles of association, or by consent of all   its stockholders, or by judgment of a court for fraud in its management,   or for good cause shown.
NY Gen Assns L § 6 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 6 - Power to Take and Convey Real Property.

§  6.    Power  to  take  and  convey  real  property.   A joint-stock   association, in the name  of  its  president,  as  such  president,  may   purchase, take, hold and convey such real property only,1.    As  may  be  necessary  for  its  immediate accommodation in the   convenient transaction of its business.2.  As may be mortgaged to it in good faith by  way  of  security  for   loans made by or moneys due to it.3.   As it may purchase at sales under judgments, decrees or mortgages   held by it.
NY Gen Assns L § 7 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 7 - Changing Articles of Association.

§  7.  Changing articles of association. Any change in the articles of   association of a joint-stock association not inconsistent with  law  may   be  made  with the consent of all its stockholders, or otherwise, as the   articles of association may provide.  Unless the articles of association   of a joint-stock association contain provisions  to  the  contrary,  its   directors  may  be  increased  or  reduced  to  not less than three; its   capital stock may be increased or reduced; or the term of its  existence   may  be  extended,  with the consent of its stockholders owning at least   two-thirds of its stock issued and outstanding, on the  following  terms   and  conditions:    The  consent of the requisite number of stockholders   must be given by vote, or by writing presented and filed, at  a  regular   or  regularly  called special meeting.   Notice of the time and place of   such meeting, with notice of the proposed  change,  must  be  personally   served  on  each  stockholder  of  the  association at least thirty days   before the meeting,  or  by  mailing  it  to  such  stockholder  at  his   last-known  post-office  address at least sixty days before the meeting.   The amount of its capital stock shall not be reduced below the amount of   its paid-up capital stock, nor shall it be reduced if the liabilities of   the association exceed its assets.
NY Gen Assns L § 8 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 8 - Proceeding to Mortgage, Lease or Sell Real Estate.

§ 8.  Proceeding to mortgage, lease or sell real estate.  Whenever any   unincorporated association is required by law to make application to the   court  for  leave  to  mortgage,  lease  or  sell  its  real estate, the   proceeding therefor shall be  had  as  prescribed  for  corporations  in   article five of the general corporation law.
NY Gen Assns L § 9 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 9 - Receiver of Joint-Stock Association.

§  9.    Receiver  of  joint-stock  association.   Section ten of this   chapter and sections one hundred fifty and one hundred thirty-six of the   general corporation law apply to an  action  or  a  special  proceeding,   against  a  joint-stock  association created by or under the laws of the   state, or a trustee, director, or other officer thereof;  or  against  a   joint-stock  association  created by or under the laws of another state,   government, or  country,  or  a  trustee,  director,  or  other  officer   thereof,  where  the association does business within the state, or has,   within the state, a business agency or a fiscal agency, or an agency for   the transfer of its stock.
NY Gen Assns L § 10 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 10 - Injunction Against Joint-Stock Association.

§  10.    Injunction  against joint-stock association.   An injunction   order, suspending the general and ordinary  business  of  a  joint-stock   association,  consisting  of  seven  or more persons, or suspending from   office, or restraining from the performance of his  duties,  a  trustee,   director,  or  other  officer thereof, can be granted only by the court,   upon notice of the application therefor, to the proper  officer  of  the   association, or to the trustee, director, or other officer enjoined.  If   such  an  injunction order is made, otherwise than as prescribed in this   section, it is void.
NY Gen Assns L § 11 (2021)
2021 New York Laws GAS - General Associations Article 2 - Joint-Stock Associations 11 - Misnomer of Party Not Available.

§  11.   Misnomer of party not available.  Where an action, authorized   by a law of the state, is  brought  against  one  or  more  persons,  as   stockholders  of  a  joint-stock association, an objection to any of the   proceedings cannot be taken, by a person properly made  a  defendant  in   the  action,  on the ground that the plaintiff has joined with him, as a   defendant in the action, a person, whose name appears on the stock-books   of the association, as a stockholder thereof, by the name so  appearing;   but who is misnamed, or dead, or is not liable for any cause.  In such a   case,  the  court may, at any time before final judgment, upon motion of   either party, amend the pleadings and other papers, without prejudice to   the previous proceedings, by substituting the true name  of  the  person   intended,  or by striking out the name of the person who is dead, or not   liable, and, in a proper case, inserting the name of his  representative   or successor.
NY Gen Assns L § 12 (2021)
2021 New York Laws GAS - General Associations Article 3 - Action or Proceeding by or Against Unincorporated Associations 12 - Action or Proceeding by Unincorporated Association.

§  12.  Action or proceeding by unincorporated association.  An action   or special proceeding may be maintained, by the president  or  treasurer   of  an  unincorporated  association to recover any property, or upon any   cause of action, for or upon which all the associates may maintain  such   an  action  or  special  proceeding,  by  reason  of  their  interest or   ownership therein, either jointly or in common.  An action may  likewise   be maintained by such president or treasurer to recover from one or more   members  of  such  association  his  or their proportionate share of any   moneys lawfully expended by such association for  the  benefit  of  such   associates,  or  to enforce any lawful claim of such association against   such member or members.