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Statutes » New York » BNK Law » Article 8

N.Y. BNK Law § 327

This is the official text of N.Y. BNK Law § 327, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.

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Use of sign or words indicating safe deposit company by unauthorized persons prohibited

Official statutory text

§ 327. Use of sign or words indicating safe deposit company by\nunauthorized persons prohibited. 1. No entity, other than a duly\nchartered safe deposit company, shall make use of any office sign at the\nplace where such business is transacted having thereon any artificial or\ncorporate name, or other words indicating that such place or office is\nthe place of business or office of a safe deposit company; nor shall any\nsuch entity make use of or circulate any letterheads, billheads, blank\nforms, notes, receipts, certificates, circulars, or any written or\nprinted or partly written and partly printed paper whatever, having\nthereon any artificial or corporate name, or other word or words,\nindicating that such business is the business of a safe deposit company.\n 2. Nothing in this section shall be deemed to prevent any banking\norganization, foreign banking corporation duly licensed to maintain a\nbranch in the state, national bank, federal savings and loan association\nor federal savings bank from engaging in the safe deposit business in\nthis state.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.