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NY A03228

Bill

Official Source

Status

Introduced

1/22/2015

Primary Sponsor

Gary Pretlow

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends New York Banking Law by adding new section 9-E
  • Prohibits banking institutions from holding for deposit the funds from checks issued by the State of New York
  • Applies to all banking institutions as defined in Banking Law section 9-F
  • Takes effect thirty days after becoming law

Legislative Description

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

Last Action

referred to banks

1/6/2016

Committee Referrals

Banks1/22/2015

Full Bill Text

No bill text available