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N.Y. CPLR § 214-i

N.Y. CPLR § 214-i - Certain Actions Arising Out of Consumer Credit Transactions (2024)

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Verbatim reference text. This is the full, unedited text of N.Y. CPLR § 214-i, provided for reference only — it is not legal advice, and Divorce.law is not a law firm. Always confirm current wording against the official source.

NEW YORK CIVIL PRACTICE LAW AND RULES (CPLR) New York State | For Informational Purposes Only CPLR § 214-I Certain actions arising out of consumer credit transactionsto be commenced within three years § 214-i. Certain actions arising out of consumer credit transactionsto be commenced within three years. An action arising out of a consumercredit transaction where a purchaser, borrower or debtor is a defendantmust be commenced within three years, except as provided in section twohundred thirteen-a of this article or article 2 of the uniformcommercial code or article 36-B of the general business law.Notwithstanding any other provision of law, when the applicablelimitations period expires, any subsequent payment toward, written ororal affirmation of or other activity on the debt does not revive orextend the limitations period.* NB There are 2 § 214-i's