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NY A02759

Bill

Status

Introduced

1/20/2011

Primary Sponsor

Gary Pretlow

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Amends Banking Law by adding Section 9-E to prohibit banking institutions from holding for deposit funds from state-issued checks
  • Applies to all banking institutions as defined in Section 9-F of the Banking Law
  • Effective thirty days after enactment
  • Introduced by M. of A. Pretlow, Cook, and Hooper with co-sponsors Glick and Gottfried

Legislative Description

Prohibits banks from holding for deposit the funds from checks issued by the state.

Last Action

referred to banks

1/4/2012

Committee Referrals

Banks1/20/2011

Full Bill Text

No bill text available