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NY A01699
Bill
Status
Introduced
1/11/2021
Primary Sponsor
Gary Pretlow
Click for details
AI Summary
- Amends New York Banking Law by adding new section 9-e to prohibit banking institutions from holding for deposit funds from checks issued by the state
- Applies to all banking institutions as defined in section 9-f of the Banking Law
- 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
1/5/2022
Committee Referrals
Banks1/11/2021
Full Bill Text
No bill text available