Loading chat...

NY S05411

Bill

Official Source

Status

Passed

8/30/2019

Primary Sponsor

James Sanders

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Extends the expiration date of sections 1, 3, 4, and 5 of chapter 3 of the 1997 banking law from September 10, 2019 to September 10, 2024
  • Extends the expiration date of sections 1, 2, 3, and 4 of chapter 322 of the 2007 banking law from September 10, 2019 to September 10, 2024
  • Preserves all rules, regulations, and federally permitted powers adopted under these sections beyond their expiration dates
  • Allows banks, trust companies, savings banks, savings and loan associations, credit unions, and foreign banking corporations to continue exercising rights of national banks and federal institutions through the extended deadline

Legislative Description

Relates to extending certain provisions authorizing banks and trust companies to exercise the rights of national banks to September 10, 2024.

Last Action

signed chap.217

8/30/2019

Committee Referrals

Rules6/6/2019
Banks5/13/2019
Banks4/30/2019

Full Bill Text

No bill text available