BILL NUMBER: S3692
SPONSOR: SANDERS
 
TITLE OF BILL:
An act to amend the banking law, in relation to requiring all banking
organizations to have a notary public available during business hours
 
PURPOSE:
The legislation will allow for banks and credit unions to have a notary
of public on premise during business hours.
 
SUMMARY OF PROVISIONS:
Section 1 of the bill amends the banking law by adding a new section,
6-n, which sets forth details for banking institutions and credit unions
to have a person qualified as a notary public on premises during regular
business hours for customers.
 
EXISTING LAW:
Banking Law.
 
JUSTIFICATION:
With hundreds of banks and credit unions throughout New York State, this
act will require a notary of public on premises during regular business
hours for customers.
 
LEGISLATIVE HISTORY:
2021-22 REFERRED TO SENATE BANKS
2019-20 REFERRED TO SENATE BANKS
 
FISCAL IMPLICATIONS:
None.
 
LOCAL FISCAL IMPLICATIONS:
None.
 
EFFECTIVE DATE:
This act shall take effect on the ninetieth day after it shall have
become a law.