NY A03014 | 2011-2012 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 21 2011 - 25% progression, died in committee
Action: 2011-01-21 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2011 - 25% progression, died in committee
Action: 2011-01-21 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provides that a banking institution may claim the right of set off against a deposit account if notice of the set off together with the reasons for the set off are mailed to the depositor prior to such action; provides that failure to provide such notice shall result in the forfeiture of the right of set off against the depositor.
Title
Provides that a banking institution may claim the right of set off against a deposit account if notice of the set off together with the reasons for the set off are mailed to the depositor prior to such action; provides that failure to provide such notice shall result in the forfeiture of the right of set off against the depositor.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-21 | Assembly | referred to banks |
