Loading chat...

NY A04336

Bill

Official Source

Status

Introduced

2/4/2013

Primary Sponsor

Nick Perry

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Amends Banking Law Section 14-f to require banking institutions to post conspicuous notices about basic banking account availability near customer exits and entrances
  • Notice must include information on minimum balances, initial deposits, maximum fees, and limitations on withdrawal transactions
  • Banks must make comparable descriptive material available in public areas for basic banking accounts in the same manner as material for other consumer transaction accounts
  • Takes effect on the thirtieth day after becoming law

Legislative Description

Requires banks to post information about basic banking services near their exits and entrances, including information concerning minimum balances, initial deposits, maximum fees chargeable, and withdrawal limitations.

Last Action

referred to banks

1/8/2014

Committee Referrals

Banks2/4/2013

Full Bill Text

No bill text available