New York Education Law Section 621 - Prohibition of gifts made by lending institutions to covered institutions and their employees.

  621.  Prohibition  of gifts made by lending institutions to covered
  institutions and their employees. 1.  A  lending  institution  may  not,
  directly  or  indirectly,  offer  or  provide  any  gift  to  a  covered
  institution or a covered  institution  employee,  in  exchange  for  any
  advantage  or consideration provided to such lending institution related
  to its educational loan activities.
2. A lending institution may not engage  in  revenue  sharing  with  a
  covered institution.

Last modified: February 3, 2019