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. * NB Effective January 1, 2026

Source: Section 680-O — Transitional provision, https://www.­nysenate.­gov/legislation/laws/BNK/680-O (updated Dec. 12, 2025; accessed Dec. 13, 2025).

Verified:
Dec. 13, 2025

Last modified:
Dec. 12, 2025

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

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