N.Y. BNK Law § 680-G
This is the official text of N.Y. BNK Law § 680-G, 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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Property interest of depositor or beneficiary
Official statutory text
§ 680-g. Property interest of depositor or beneficiary. 1. Neither a\ndepositor nor a beneficiary has a property interest in a special\ndeposit.\n 2. Any property interest with respect to a special deposit is only in\nthe right to receive payment if the bank is obligated to pay a\nbeneficiary and not in the special deposit itself. Any property interest\nunder this subdivision shall be subject to the provisions of this\nchapter and to rules and regulations made in accordance therewith.\n
Status: in_force · Read it on the official government site
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