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Senate Bill S2938

2017-2018 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 - In Senate Committee Rules Committee

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2017-S2938 (ACTIVE) - Details

See Assembly Version of this Bill:
A3389
Current Committee:
Senate Rules
Law Section:
Banking Law
Laws Affected:
Amd §14-f, Bank L
Versions Introduced in Other Legislative Sessions:
2009-2010: A6409
2011-2012: A1394
2013-2014: A4882
2015-2016: A8347
2019-2020: S4931, A3168

2017-S2938 (ACTIVE) - Summary

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

2017-S2938 (ACTIVE) - Sponsor Memo

2017-S2938 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2938
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 18, 2017
                                ___________
 
 Introduced  by Sen. HAMILTON -- read twice and ordered printed, and when
   printed to be committed 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.
   § 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.
                                                            LBD08345-01-7

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