N.Y. BNK Law § 680-B
This is the official text of N.Y. BNK Law § 680-B, 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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Scope; choice of law; forum
Official statutory text
§ 680-b. Scope; choice of law; forum. 1. This article applies to a\nspecial deposit under an account agreement that states the intention of\nthe parties to establish a special deposit governed by this article,\nregardless of whether a party to the account agreement or a transaction\nrelated to the special deposit, or the special deposit itself, has a\nreasonable relation to this state.\n 2. The parties to an account agreement may choose a forum in this\nstate for settling a dispute arising out of the special deposit,\nregardless of whether a party to the account agreement or a transaction\nrelated to the special deposit, or the special deposit itself, has a\nreasonable relation to this state.\n 3. This article does not affect:\n (a) a right or obligation relating to a deposit other than a special\ndeposit under this article; or\n (b) the voidability of a deposit or transfer that is fraudulent or\nvoidable under other law.\n
Status: in_force · Read it on the official government site
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