Permissible purpose
Source:
Section 680-E — Permissible purpose, https://www.nysenate.gov/legislation/laws/BNK/680-E (updated Jan. 9, 2026; accessed Feb. 7, 2026).
680
Short title 680–A
Definitions 680–B
Scope 680–C
Variation by agreement or amendment 680–D
Requirements for special deposit 680–E
Permissible purpose 680–F
Payment to beneficiary by bank 680–G
Property interest of depositor or beneficiary 680–H
When creditor process enforceable against bank 680–I
Injunction or similar relief 680–J
Recoupment or set off 680–K
Duties and liability of bank 680–L
Term and termination 680–M
Principles of law and equity 680–N
Uniformity of application and construction 680–O
Transitional provision 680–P
Severability
Short title 680–A
Definitions 680–B
Scope 680–C
Variation by agreement or amendment 680–D
Requirements for special deposit 680–E
Permissible purpose 680–F
Payment to beneficiary by bank 680–G
Property interest of depositor or beneficiary 680–H
When creditor process enforceable against bank 680–I
Injunction or similar relief 680–J
Recoupment or set off 680–K
Duties and liability of bank 680–L
Term and termination 680–M
Principles of law and equity 680–N
Uniformity of application and construction 680–O
Transitional provision 680–P
Severability
