STATE OF NEW YORK
________________________________________________________________________
3915
2019-2020 Regular Sessions
IN ASSEMBLY
January 31, 2019
___________
Introduced by M. of A. WEPRIN, ABINANTI -- Multi-Sponsored by -- M. of
A. BRONSON, DenDEKKER, GOODELL, McDONOUGH, M. G. MILLER -- read once
and referred to the Committee on Banks
AN ACT to amend the banking law, in relation to requiring licensed cash-
ers of checks to file suspicious activity reports
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 371 of the banking law, as added by chapter 151 of
2 the laws of 1945, is amended to read as follows:
3 § 371. Regulations. The superintendent is hereby authorized and
4 empowered to make such rules and regulations, and such specific rulings,
5 demands, and findings as he or she may deem necessary for the proper
6 conduct of the business authorized and licensed under and for the
7 enforcement of this article, in addition hereto and not inconsistent
8 herewith. Such rules, regulations, rulings, demands and findings shall
9 include, but not be limited to, requiring licensed cashers of checks to
10 file suspicious activity reports.
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08426-01-9
