New York Banking Law Article 2-C - COMMUNITY BANK DEPOSIT PROGRAM

  • 85 - Community Bank Deposit Program; Purpose.
    In recognition of the economic benefits and stimulus which result from the placement of deposits in local banks, the community bank deposit program is hereby...
  • 86 - Eligibility.
    1. To be eligible to receive deposits, or to renew existing deposits under this program, a bank, trust company, savings bank or savings and loan...
  • 87 - Deposits.
    1. Notwithstanding any provisions of law to the contrary, the state comptroller and the commissioner of taxation and finance shall, for the purposes of administering...

Last modified: February 3, 2019