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N.Y. BNK Law § 661

This is the official text of N.Y. BNK Law § 661, 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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Officer or agent of banking corporation or a private banker making guaranty or endorsement beyond the legal limit

Official statutory text

§ 661. Officer or agent of banking corporation or a private banker\nmaking guaranty or endorsement beyond the legal limit. An officer or\nagent of any banking corporation, or a private banker or his agent, who\nmakes or delivers any guaranty or indorsement on behalf of such\ncorporation or private banker, whereby such corporation or private\nbanker may become liable on any of its or his discounted notes, bills or\nobligations, in a sum beyond the amount of loans and discounts which\nsuch corporation or private banker may legally make, is guilty of a\nmisdemeanor.\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.