N.Y. BNK Law § 680-O
This is the official text of N.Y. BNK Law § 680-O, 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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Transitional provision
Official statutory text
§ 680-o. Transitional provision. This article applies to:\n 1. a special deposit made under an account agreement executed on or\nafter the effective date of this article; and\n 2. a deposit made under an agreement executed before the effective\ndate of this article, if:\n (a) all parties entitled to amend the agreement agree to make the\ndeposit a special deposit governed by this article; and\n (b) the special deposit referenced in the amended agreement satisfies\nthe provisions of section six hundred eighty-d of this article.\n
Status: in_force · Read it on the official government site
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