Bill Sponsors: NY S07173 | 2011-2012 | General Assembly

Bill Title: Provides that every banking institution which maintains checking accounts for customers shall pay checks in the order received within account balance; provides such banks may dishonor check for insufficient funds, but then must honor smaller checks within amounts on deposit minus the first overdraft charge in the subject account.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2012-05-01 - REFERRED TO BANKS [S07173 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Stephen Saland [R]PrimarySponsored BillsSD-041FollowTheMoneyBallotpediaVoteSmart
Senator Neil Breslin [D]CosponsorSponsored BillsSD-046FollowTheMoneyBallotpediaVoteSmart

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