N.Y. BNK Law § 85
This is the official text of N.Y. BNK Law § 85, 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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Community bank deposit program; purpose
Official statutory text
§ 85. Community bank deposit program; purpose. In recognition of the\neconomic benefits and stimulus which result from the placement of\ndeposits in local banks, the community bank deposit program is hereby\ncreated to authorize and encourage the state comptroller and the\ncommissioner of taxation and finance to deposit a portion of the funds\nunder their control into community banking institutions.\n
Status: in_force · Read it on the official government site
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