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Assembly Bill A10700

2015-2016 Legislative Session

Relates to requiring all banks and credit unions to have a notary public available during business hours

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Archive: Last Bill Status - In Assembly Committee

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2015-A10700 (ACTIVE) - Details

Current Committee:
Assembly Banks
Law Section:
Banking Law
Laws Affected:
Add ยง6-n, Bank L
Versions Introduced in Other Legislative Sessions:
2017-2018: A410
2019-2020: A4453

2015-A10700 (ACTIVE) - Summary

Requires all banks and credit unions to have a notary public available during business hours; permits banks to charge a fee for such service.

2015-A10700 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  10700

                          I N  A S S E M B L Y

                              June 13, 2016
                               ___________

Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Miller) --
  read once and referred to the Committee on Banks

AN ACT to amend the banking law, in relation to requiring all banks  and
  credit unions to have a notary public available during business hours

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The banking law is amended by adding a new section  6-n  to
read as follows:
  S  6-N.  NOTARY PUBLICS; REQUIRED. EVERY BANKING INSTITUTION AND EVERY
CREDIT UNION SHALL HAVE A PERSON QUALIFIED AS A NOTARY  PUBLIC  IN  THIS
STATE  ON  STAFF  AND AVAILABLE ON THE PREMISES OF EACH FACILITY OF SUCH
BANK OR CREDIT UNION DURING REGULAR BUSINESS HOURS. SUCH BANKING  ORGAN-
IZATION  AND CREDIT UNION SHALL HAVE THE OPTION TO CHARGE A NOMINAL FEE,
NOT TO EXCEED ANY FEE  ESTABLISHED  IN  LAW,  FOR  ANY  NOTARY  SERVICES
PROVIDED.
  S  2.  This  act shall take effect on the ninetieth day after it shall
have become a law.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15858-01-6

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