NY S02421

Adds robbery of property from a bank as a new condition (subdivision 4 of section 160.10) that elevates robbery to a class C felony under penal law.

Applies to property stolen from banks, trust companies, savings banks, safe deposit companies, savings and loan associations, or credit unions as defined in banking law.

Extends applicability to foreign banking corporations licensed under New York banking law and similar institutions chartered in other states that maintain branch offices in New York.

Amends banking law sections 592 and 592-a to reference the new bank robbery felony provision when determining eligibility for banking licenses and certificates.

Effective date is November 1st following the date the bill becomes law.