New York State Assembly

Bill No.:  

 
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S07240 Summary:

BILL NO	S07240
SAME AS	SAME AS A00410
SPONSOR	SANDERS
COSPNSR
MLTSPNSR
Add §6-n, Bank L
Requires all banks and credit unions to have a notary public available during business hours; permits banks to charge a fee for such service.

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S07240 Actions:

BILL NO	S07240
01/05/2018	REFERRED TO BANKS

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S07240 Committee Votes:

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S07240 Floor Votes:

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S07240 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7240
 
                    IN SENATE
 
                                     January 5, 2018
                                       ___________
 
        Introduced  by  Sen. SANDERS -- 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 all banks  and
          credit unions to have a notary public available during business hours
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. The banking law is amended by adding a new section  6-n  to
     2  read as follows:
     3    §  6-n.  Notary publics; required. Every banking institution and every
     4  credit union shall have a person qualified as a notary  public  in  this
     5  state  on  staff  and available on the premises of each facility of such
     6  bank or credit union during regular business hours. Such banking  organ-
     7  ization  and credit union shall have the option to charge a nominal fee,
     8  not to exceed any fee  established  in  law,  for  any  notary  services
     9  provided.
    10    §  2.  This  act shall take effect on the ninetieth day after it shall
    11  have become a law.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03115-01-7

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