S1323 (2025-26 session)

NY State bill

Prohibits pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership where over fifty percent of the units are shareholder occupied.

Title
Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2025-06-13
In committee
Rules
Introduced
2025-01-09
Same as
A88
Law section
General Obligations Law

Sponsors

Heard in committee

Same as

Committee meetings

Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.

Sources