N.Y. BNK Law § 485
This is the official text of N.Y. BNK Law § 485, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Entries in books; preservation of records
Official statutory text
§ 485. Entries in books; preservation of records. 1. No credit union\nshall by any system of accounting or any device of bookkeeping, directly\nor indirectly, enter any of its assets or liabilities upon its books in\nthe name of any person, or under any title or designation that is not\ntruly descriptive thereof.\n 2. Every credit union shall preserve all of its records of original\nand final entry, including cancelled checks, withdrawal slips and\ndeposit tickets, for a period of at least six years from the date of\nmaking same or from the date of the last entry thereon; provided,\nhowever, that preservation of photographic reproduction thereof or\nrecords in photographic form shall constitute compliance with the\nrequirements of this section.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
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.