N.Y. Banking Law Section 9-J
Disposal of records

  • customer accounts

1.

Every banking institution, which for purposes of this section means a bank, trust company, savings bank, savings and loan association, licensed foreign banks and credit unions, with respect to written records no longer required or needed to be retained which contain information relating to an identified customer or an identified customer’s depository or loan account, shall in disposing of such records provide procedures and processes reasonably calculated to assure destruction or disposal in a manner which prevents subsequent unauthorized review or reuse of the record.

2.

The superintendent shall enforce the provisions of this section by appropriate rules, regulations and orders.

Source: Section 9-J — Disposal of records; customer accounts, https://www.­nysenate.­gov/legislation/laws/BNK/9-J (updated Sep. 22, 2014; accessed Mar. 23, 2024).

1
Short title
2
Definitions
2–A
Limited liability investment company
2–B
Limited liability trust companies
4
Information to be given to social services officials, state department of social services, state department of mental hygiene, the mental...
4–A
Banks to display signs
4–B
Advertising
4–C
Exemptions from certain provisions of chapter
5
Loans pursuant to the "Servicemen’s Readjustment Act of 1944
6
Investment in obligations of housing corporations indirectly guaranteed pursuant to the “Servicemen’s Readjustment Act of 1944”
6–A
Investment in obligations of certain persons sixty-five years of age or over incurred to satisfy real property tax indebtedness
6–C
Application forms to be made available
6–D
Requirement to state in writing reason for denial of mortgage loan
6–E
Graduated payment mortgages authorized
6–F
Alternative mortgage instruments made by banks, trust companies, savings banks, savings and loan associations and credit unions
6–G
Override of certain provisions of United States Public Law 97-320
6–H
Reverse mortgage loans authorized
6–I
Mortgage loans
6–J
Proof of insurance
6–K
Real property insurance escrow accounts
6–L
High-cost home loans
6–M
Subprime home loans
6–N
Responsibility of banks for mortgages being processed for modification
6–O
Single point of contact for modifying delinquent home loans
6–O*2
Reverse cooperative apartment unit loans for persons sixty-two years of age or older
6–P
Loan counseling for mortgages guaranteed by the Servicemen’s Readjustment Act of 1944
7
Payment of dividends or interest upon unclaimed deposits or shares
8
Deposits by custodian designated by administrator of veterans’ affairs, or by person certified by social security administration
9
Checks drawn against corporate funds or payable to corporations
9–A
Defense of ultra vires
9–B
Actions or special proceedings by superintendent or attorney-general
9–C
Superintendent’s or attorney-general’s action for judicial dissolution
9–D
Enforcement of section two hundred ninety-six-a of the executive law
9–F
Geographic discrimination in making mortgage loans prohibited
9–G
Right of set off
9–H
Imposition of service charges prohibited
9–I
Close-out fees prohibited in certain cases
9–I*2
Prohibition on depositor of early withdrawal penalty in certain cases
9–J
Disposal of records
9–K
Sale of education loans
9–M
Return of checks
9–N
Trust accounts
9–O
Mortgage loans
9–P
Acceptance of certain checks for deposit
9–R
Geographic restrictions
9–S
Preauthorized electronic fund transfers
9–T
Unsolicited mail-loan checks
9–U
ATM transactions by persons using foreign bank accounts
9–V
Savings promotion prize giveaway
9–W
Standard financial aid award letter
9–X
Mortgage forbearance
9–X*2
Fees based on inactivity
9–Y
Order of payment of checks and other debits, insufficient funds charges and return deposit item charges
9–Z
Cashing of certain checks

Accessed:
Mar. 23, 2024

Last modified:
Sep. 22, 2014

§ 9-J’s source at nysenate​.gov

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