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S02843 Summary:
BILL NO | S02843A |
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SAME AS | SAME AS A08610-A |
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SPONSOR | STACHOWSKI |
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COSPNSR | VOLKER |
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MLTSPNSR | |
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Add S595-c, Bank L; amd S771, Gen Bus L | |
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Provides that where a home improvement contractor is acting as a mortgage broker without being registered as required under the Banking Law, a mortgage banker, mortgage broker or exempt organization may not engage in such transaction with the contractor, and shall promptly notify the banking department that such person is acting as an unregistered broker. |