Provides interest rate limitations for financing arrangements and the extension of consumer credit; relates to the definitions of criminal usury in the first and second degrees; relates to the functions of the attorney general regarding rental purchase agreements.

Statutes affected:
A9585: 5-511 general obligations law, 5-511(1) general obligations law, 5-513 general obligations law, 5-517 general obligations law, 14-a banking law, 14-a(2) banking law, 340 banking law, 351 banking law, 351(1) banking law, 190.40 penal law, 190.42 penal law, 508 personal property law