N.Y. Public Officers Law Section 69-A
Interest to be paid and collected on all deposits of public moneys amounting to one thousand dollars or more

Within twenty days of the taking effect of this section, interest shall be required to be paid, if not already so provided by law, on all deposits of public moneys amounting to one thousand dollars or more made by a state, local or other public officer or employee for or on behalf of the state or the county, city, town, village, school district or other public instrumentality or for or on behalf of any pension system or fund maintained by law for any of the employees of the state, county, city, town, village, school district or other public instrumentality, as the case may be, to which such moneys belong. Within twenty days after this section takes effect and, in the case of public officers or employees hereafter elected or appointed within twenty days after entering upon the duties of his office or employment, every public officer or employee charged with the care and custody of public moneys and/or of moneys entrusted to his care and custody by virtue of his office or employment shall agree with the depositary thereof upon the rate of interest to be paid thereon and such rate of interest shall thereupon and thereafter be paid by said depositary at such time or times as shall be agreed upon. All interest on such deposits shall be accounted for by the depositing officer or employee in the same manner as other moneys received by such officer or employee by virtue of his office or employment. Nothing contained in this section or in any other general or special law shall authorize, enable or require any state, local or other public officer or employee, to demand or require of any banking corporation or private banker, any agreement to pay, or payment of, interest upon any deposit of public moneys or any deposit made for or on behalf of the state or the county, city, town, village, school district or other public instrumentality, board, agency or authority, or for or on behalf of any pension system or fund maintained by law for any of the employees of the state, county, city, town, village, school district or other public board, agency, instrumentality or authority, as the case may be, if payment of interest upon any such deposit is at the time prohibited by state or federal law or by any regulation of either the superintendent of financial services of this state, or of the board of governors of the federal reserve system, or of the board of directors of the Federal Deposit Insurance Corporation.

Source: Section 69-A — Interest to be paid and collected on all deposits of public moneys amounting to one thousand dollars or more, https://www.­nysenate.­gov/legislation/laws/PBO/69-A (updated Sep. 22, 2014; accessed Oct. 26, 2024).

60
Official seals of court of appeals, governor and state departments, divisions and bureaus 61
Investigations by state officers 62
Business in public offices on public holidays 62‑A
Leave of absence for certain appointive state officers 63
Leave of absence for veterans on Memorial day and Veterans’ day 64
Payment of expenses of public officers 64‑A
Patent policy 66
Interchangeable use of gender neutral and gender specific titles of public offices 66‑A
Accident reports kept by police authorities to be open to the inspection of persons interested 67
Fees of public officers 67‑A
Fees for certification or exemplification 68
Allowance of additional fees and expenses 68‑A
Fees for oath or acknowledgment 69
Fee for administering certain official oaths prohibited 69‑A
Interest to be paid and collected on all deposits of public moneys amounting to one thousand dollars or more 70
Accounting for fees 70‑A
Fees to be paid by public officers for public advertisements 70‑B
Certificate on printed copies of laws 71
Vacations for employees of the state 72
Notices and reports of claims, suits or causes of action to be given to the attorney-general 72‑A
Penalty of officer for failure to execute mandate and make return 73
Business or professional activities by state officers and employees and party officers 73‑A
Financial disclosure 73‑B
Advertisements by elected government officials and candidates made with public funds 74
Code of ethics 74‑A
Duty of public officers regarding the physically handicapped 75
Bribery of members of the legislature 75‑A
Appearance by a person convicted of a crime of corruption 76
Receiving bribes by members of legislature 77
Unlawful fees and payments 77‑A
Members of the legislature liable to forfeiture of office 78
Certification of members, officers and employees 79
Fine in certain cases
Green check means up to date. Up to date

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 69-A’s source at nysenate​.gov

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