N.Y. Banking Law Section 680-O
Transitional provision


This article applies to:

1.

a special deposit made under an account agreement executed on or after the effective date of this article; and

2.

a deposit made under an agreement executed before the effective date of this article, if:

(a)

all parties entitled to amend the agreement agree to make the deposit a special deposit governed by this article; and

(b)

the special deposit referenced in the amended agreement satisfies the provisions of § 680-D (Requirements for special deposit)section six hundred eighty-d of this article.

Source: Section 680-O — Transitional provision, https://www.­nysenate.­gov/legislation/laws/BNK/680-O (updated Jan. 9, 2026; accessed Feb. 7, 2026).

Verified:
Feb. 7, 2026

Last modified:
Jan. 9, 2026

§ 680-O. Transitional provision's source at nysenate​.gov

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