Loading chat...

NY A06763

Bill

Official Source

Status

Introduced

3/28/2011

Primary Sponsor

David Weprin

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Amends Banking Law Section 371 to authorize the superintendent of banks to require licensed cashers of checks to file suspicious activity reports
  • Grants the superintendent power to establish rules, regulations, rulings, demands, and findings necessary for enforcement of check-cashing licensing requirements
  • Specifies that suspicious activity reporting requirements are included within the superintendent's regulatory authority
  • Takes effect immediately upon enactment

Legislative Description

Directs the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports.

Last Action

referred to banks

1/4/2012

Committee Referrals

Banks3/28/2011

Full Bill Text

No bill text available