New York Banking Law Section 620-A - Certain claims shall not be accepted.

620-a. Certain claims shall not be accepted. The superintendent shall not accept a claim based on an agreement with the banking organization unless the agreement is either reflected on the accounts, books or records of the banking organization or a creditor provides documentary evidence of such agreement. The superintendent may issue any regulations determined to be necessary to implement this section.


Last modified: February 3, 2019