Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.
Same As
Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.
Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.
Requires principals to make a good faith effort to identify and notify co-trustees and co-beneficiaries of the signing of a power of attorney including the identity of the agent where the agent is not a co-trustee or co-beneficiary.
Provides that every banking institution operating in the state of New York shall offer at least one no-fee basic banking account that charges no monthly maintenance or service fees, requires no minimum balance, charges no fees based on account inactivity, and provides certain essential services including deposits and withdrawals, debit card access, and electronic payments and transfers.
Adds members to the board of trustees of the state university of New York who represent the interests of community colleges as full voting members of the board of trustees; provides that the local legislative body or board of the county in which a community college is located may appoint a trustee in the event that the governor fails to appoint such trustee within 180 days of a vacancy on a board of trustees of a community college.
Adds members to the board of trustees of the state university of New York who represent the interests of community colleges as full voting members of the board of trustees; provides that the local legislative body or board of the county in which a community college is located may appoint a trustee in the event that the governor fails to appoint such trustee within 180 days of a vacancy on a board of trustees of a community college.