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Assembly Bill A8347

2015-2016 Legislative Session

Requires posting notice of the department of financial services toll free consumer's hotline telephone number

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Archive: Last Bill Status - On Floor Calendar

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2015-A8347 (ACTIVE) - Details

Law Section:
Banking Law
Laws Affected:
Amd ยง14-f, Bank L
Versions Introduced in Other Legislative Sessions:
2009-2010: A6409
2011-2012: A1394
2013-2014: A4882
2017-2018: A3389
2019-2020: A3168

2015-A8347 (ACTIVE) - Summary

Requires posting notice of the department of financial services toll free consumer's hot-line telephone number.

2015-A8347 (ACTIVE) - Bill Text download pdf 

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

                                  8347

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                             August 5, 2015
                               ___________

Introduced  by M. of A. ORTIZ -- read once and referred to the Committee
  on Banks

AN ACT to amend the banking law, in relation to requiring posting notice
  of the department of financial services toll free  consumer's  hotline
  telephone number

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

  Section 1.  The opening paragraph of subdivision 8 of section 14-f  of
the  banking  law is designated paragraph (a) and a new paragraph (b) is
added to read as follows:
  (B) WHERE A BANKING INSTITUTION  POSTS  IN  THE  PUBLIC  AREA  OF  ITS
OFFICES  THE  NOTICES  FOR INFORMATION REQUIRED IN PARAGRAPH (A) OF THIS
SUBDIVISION, IT SHALL ALSO  POST  EQUALLY  CONSPICUOUS  NOTICE  IN  SUCH
PUBLIC  AREAS  AND  IN  THE  SAME  MANNER, OF THE DEPARTMENT'S TOLL FREE
CONSUMER'S HOTLINE TELEPHONE NUMBER, WHERE CONSUMERS CAN FILE COMPLAINTS
IF A CONSUMER IS NOT SATISFIED WITH THE SERVICES A  BANKING  INSTITUTION
PROVIDES.
  S 2. This act shall take effect on the one hundred twentieth day after
it shall have become a law.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04162-01-5

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