State of New York Higher Education Services Corp. v. Starr
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
— Mercure, J.
On January 6, 1971 defendant executed his promissory note in favor of First National City Bank, under the terms of which he was to repay the sum of $3,789.76 and interest at the rate of 6%. The obligation, for repayment of a student loan under Education Law article 14, was guaranteed by plaintiff’s predecessor, the New York Higher Education Assistance Corporation. Alleging that defendant never made any payments on the loan and that, on June 24, 1975, plaintiff paid the entire loan balance of $4,868.65 in accordance with its guarantee (see, Education Law § 680 [1] [b]), plaintiff…
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- State of New York Higher Education Services Corp. v. StarrAppellate Division of the Supreme Court of the State of New York · 1990
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