§ 702. Application. 1. Except as provided in subdivision two of this section, this chapter shall not apply to statements of accounts rendered to customers by public utilities whose billing practices are subject to the jurisdiction and regulation of the public service commission. 2. Subject to federal law and regulation, no creditor shall charge a […]
§ 703. Notice of error and response. If a creditor, having transmitted to a consumer a statement of the consumer’s account, receives from the consumer at an address designated therefor by the creditor in accordance with section seven hundred five of this article, within sixty days of the mailing of said statement, a written notice, […]
§ 704. Permissible procedures by creditor. Notwithstanding the receipt by a creditor of a notice from a consumer as described in section seven hundred three of this act, a creditor may, subject to the provisions of section seven hundred seven of this act, transmit statements of account to the consumer which include an amount believed […]
§ 705. Statement to contain instructions for notification of error. Every statement of account rendered by a creditor to a consumer shall include the address to be used by the consumer in making inquiries concerning his statement.
§ 706. Notice to consumer of this act. Not later than sixty days after the effective date of this act, a creditor shall send to each consumer, whose account was in existence on the effective date of this act, and with or before the first billing statement on any consumer credit plan issued or offered […]
§ 707. Penalties. Any creditor, having received a notice from a consumer as provided in section seven hundred three of this act, who fails to comply with the requirements of that section: 1. If such an amount is not in fact a billing error, forfeits any rights to collect from the consumer any finance charge […]
