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What is NYC AC § 20-706?

Quick Answer

This section outlines that the provisions of the subchapter are intended to complement the rules and regulations of the Federal Trade Commission and relevant court decisions regarding unfair or deceptive acts. The statute ensures consistency with federal standards. Applies to entities regulated under this subchapter.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 20-706 Permitted practices.

AC § 20-706

The provisions of this subchapter shall be construed so as to supplement the rules, regulations, and decisions of the federal trade commission and the courts interpreting 15 U.S.C. § 45(a)(1), but the provisions of this subchapter shall in no instance be interpreted in a manner inconsistent with the rules, regulations and decisions of the federal trade commission and the courts interpreting 15 U.S.C. § 45(a)(1).

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