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N.Y. GBS Law § 163

This is the official text of N.Y. GBS Law § 163, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.

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Time of transmission

Official statutory text

§ 163. Time of transmission. Every agent authorized to act as such by\nany steamship company, express company, or otherwise for the purpose of\ntransmitting money, shall within two days after receipt thereof, deliver\nto his principal the money so received. Every such steamship company,\nexpress company, or other company shall thereupon and within three days\nafter receipt thereof from an agent, transmit the same to the person to\nwhom such money has been consigned by the transmitter unless within such\nperiod of three days there be no mail bearing steamer leaving for the\npoint of destination of such moneys, in which event such money shall be\ntransmitted on the first steamship to leave thereafter.\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.