New York Banking Law

Every section of the New York Banking Law, in order — 899 sections. Source: NY Senate Open Legislation, current through November 4, 2026.

• N.Y. Banking Law § 582 — License provisions
• N.Y. Banking Law § 583 — Changes in officers or directors of licensee
• N.Y. Banking Law § 583-a — Changes in control
• N.Y. Banking Law § 584 — Grounds for suspension or revocation of license; procedure
• N.Y. Banking Law § 584-a — Contracts with debtors; fees
• N.Y. Banking Law § 584-b — Prohibited activities
• N.Y. Banking Law § 585 — Superintendent authorized to examine
• N.Y. Banking Law § 586 — Licensee's books and records; reports
• N.Y. Banking Law § 587 — Authority of superintendent
• N.Y. Banking Law § 589 — Declaration of policy
• N.Y. Banking Law § 590 — Licensing
• N.Y. Banking Law § 590-a — Junior mortgage loans
• N.Y. Banking Law § 590-b — Responsibilities
• N.Y. Banking Law § 591 — Application for a mortgage banker's license; fees
• N.Y. Banking Law § 591-a — Application to register as a mortgage broker; fees
• N.Y. Banking Law § 592 — Application process to receive license to engage in the business of mortgage banking
• N.Y. Banking Law § 592-a — Application process to register as a mortgage broker
• N.Y. Banking Law § 593 — License provisions
• N.Y. Banking Law § 593-a — Registration provisions
• N.Y. Banking Law § 594 — Changes in officers and directors
• N.Y. Banking Law § 594-b — Changes in control
• N.Y. Banking Law § 595 — Grounds for suspension or revocation of license, or suspension or deletion of name from mortgage broker roll
• N.Y. Banking Law § 595-a — Regulation of mortgage brokers, mortgage bankers and exempt organizations
• N.Y. Banking Law § 595-b — Regulation of mortgage loan servicers
• N.Y. Banking Law § 595-c — Regulation of dealings of mortgage brokers and home improvement contractors
• N.Y. Banking Law § 596 — Superintendent authorized to examine; expenses
• N.Y. Banking Law § 597 — Books and records; reports and electronic filing
• N.Y. Banking Law § 598 — Additional penalties for violation of this article; civil, criminal; liquidated damages
• N.Y. Banking Law § 599 — Separability of provisions
• N.Y. Banking Law § 599-a — Legislative purpose
• N.Y. Banking Law § 599-b — Definitions
• N.Y. Banking Law § 599-c — License required
• N.Y. Banking Law § 599-d — State license application
• N.Y. Banking Law § 599-e — Issuance of a license
• N.Y. Banking Law § 599-f — Pre-licensing educational requirements
• N.Y. Banking Law § 599-g — Testing of mortgage loan originators
• N.Y. Banking Law § 599-h — Mortgage call reports
• N.Y. Banking Law § 599-i — Standards for license renewal; inactive status
• N.Y. Banking Law § 599-j — Continuing education for mortgage loan originators
• N.Y. Banking Law § 599-k — Required surety bond
• N.Y. Banking Law § 599-l — Reports by the superintendent; permissive challenges by licensees
• N.Y. Banking Law § 599-m — Required records and reporting
• N.Y. Banking Law § 599-n — Enforcement authority; grounds for suspension or revocation of a mortgage loan originator license; restitution
• N.Y. Banking Law § 599-o — Rules, regulations and examinations
• N.Y. Banking Law § 599-p — Unique identifier
• N.Y. Banking Law § 599-q — Confidentiality
• N.Y. Banking Law § 599-r — Construction
• N.Y. Banking Law § 600 — Merger; when authorized
• N.Y. Banking Law § 601 — Merger agreement; authorization; approval; filing
• N.Y. Banking Law § 601-a — Purchase of assets
• N.Y. Banking Law § 601-b — Approval or disapproval of merger or purchase of assets
• N.Y. Banking Law § 601-c — Sale, lease, exchange or other disposition of property, rights, privileges and franchises
• N.Y. Banking Law § 602 — Effect of merger
• N.Y. Banking Law § 603 — Issuance of new certificates of stock or other consideration
• N.Y. Banking Law § 604 — Rights of dissenting stockholders
• N.Y. Banking Law § 604-a — Transfer of fiduciary relationships
• N.Y. Banking Law § 605 — Voluntary liquidation; sale of assets; forfeiture of charter by non-user
• N.Y. Banking Law § 605-a — Transfer of deposit liabilities of bank or trust company; sale or pledge of assets to facilitate such transfer
• N.Y. Banking Law § 606 — When superintendent may take possession of banking organization; when possession may be surrendered
• N.Y. Banking Law § 607 — Manner and time within which taking possession may be tested
• N.Y. Banking Law § 609 — Resumption of business by bank, trust company or industrial bank; retirement of certificates; applicability to stock-form savings banks a...
• N.Y. Banking Law § 610 — Resumption of business in accordance with plan of reorganization
• N.Y. Banking Law § 611 — Special deputies; assistants; counsel and other employees
• N.Y. Banking Law § 611-a — Appointment of single judge
• N.Y. Banking Law § 612 — Certificates to be recorded and received in evidence
• N.Y. Banking Law § 612-a — Payment of wages
• N.Y. Banking Law § 613 — Payment by superintendent of expenses of liquidation
• N.Y. Banking Law § 614 — Obtaining possession of pleadings, et cetera, in actions against which attorneys' liens are asserted
• N.Y. Banking Law § 615 — On taking possession, superintendent shall notify those holding assets; effect of notification; turnover of assets and payment of debts o...
• N.Y. Banking Law § 616 — Inventory of assets; where filed
• N.Y. Banking Law § 617 — Disposition of property held as bailee, or depositary; opening of safe deposit boxes; disposal of contents
• N.Y. Banking Law § 618 — Liquidation and conservation of assets; compromising debts and claims; deposit of moneys collected; preference; superintendent, as liquid...
• N.Y. Banking Law § 618-a — Repudiation of contracts
• N.Y. Banking Law § 619 — Prosecution and defense of actions; actions preferred; limitations; power to execute instruments; exemption from filing and other fees
• N.Y. Banking Law § 620 — Notice to creditors to make proof of claims; form of claims; claims for priority of payment
• N.Y. Banking Law § 620-a — Certain claims shall not be accepted
• N.Y. Banking Law § 622 — List of claims duly presented; filing
• N.Y. Banking Law § 623 — Filing objections to claims presented or listed; procedure upon claim under objection
• N.Y. Banking Law § 624 — Acceptance and rejection of claims and accounts; filing of list thereof; secured claims and accounts; determination of priorities
• N.Y. Banking Law § 625 — Effect of accepting claims and accounts; limitation upon actions to establish claims and accounts; necessary allegations; effect of judgment
• N.Y. Banking Law § 626 — Judgments recovered shall not be liens
• N.Y. Banking Law § 627 — Dividends to creditors; distributions to stockholders; dissolution; destruction of documents
• N.Y. Banking Law § 628 — Payment of dividends when deposits have been made available by Federal Deposit Insurance Corporation
• N.Y. Banking Law § 629 — Payment of dividends to minors, trustees or joint depositors; payment of dividends where adverse claim is asserted; interpleader in certa...
• N.Y. Banking Law § 630 — Claims of shareholders and members of credit unions and savings and loan associations
• N.Y. Banking Law § 631 — Actions against directors, trustees, managers or officers for violation of their official duties
• N.Y. Banking Law § 633 — Service of notice or process during time of war
• N.Y. Banking Law § 634 — Power to appoint regulator or insurer as receiver; additional powers
• N.Y. Banking Law § 635 — Definitions
• N.Y. Banking Law § 636 — When superintendent may take possession of license; when possession may be surrendered
• N.Y. Banking Law § 637 — Powers of superintendent in possession; application for receiver
• N.Y. Banking Law § 638 — Manner and time within which taking possession may be tested
• N.Y. Banking Law § 639 — Severability
• N.Y. Banking Law § 640 — Definitions
• N.Y. Banking Law § 641 — License
• N.Y. Banking Law § 642 — Action by superintendent
• N.Y. Banking Law § 643 — Bond or securities
• N.Y. Banking Law § 645 — Assignment of claims to superintendent
• N.Y. Banking Law § 646 — Investigations, hearings and reports
• N.Y. Banking Law § 647 — Judicial review
• N.Y. Banking Law § 648 — Agents
• N.Y. Banking Law § 649 — Rules and regulations
• N.Y. Banking Law § 650 — Violations and penalties
• N.Y. Banking Law § 651 — Investments
• N.Y. Banking Law § 651-a — Remittances
• N.Y. Banking Law § 651-b — Maintenance of books and records by agents
• N.Y. Banking Law § 652 — Severability
• N.Y. Banking Law § 652-a — Changes in control
• N.Y. Banking Law § 652-b — Tying arrangements
• N.Y. Banking Law § 653 — Definitions
• N.Y. Banking Law § 654 — Purpose of the fund
• N.Y. Banking Law § 655 — Maximum amount of insurance
• N.Y. Banking Law § 656 — Claims against the fund
• N.Y. Banking Law § 657 — Payments to the fund
• N.Y. Banking Law § 658 — General powers of the fund; administration of the fund
• N.Y. Banking Law § 659 — Rules and regulations
• N.Y. Banking Law § 660 — Misconduct of officers, directors, trustees, or employees of banking corporations and of private bankers
• N.Y. Banking Law § 661 — Officer or agent of banking corporation or a private banker making guaranty or endorsement beyond the legal limit
• N.Y. Banking Law § 662 — Bank officer or employee overdrawing his account or asking for or receiving commissions or gratuities from persons procuring loans or mak...
• N.Y. Banking Law § 663 — Receiving deposits in insolvent bank
• N.Y. Banking Law § 664 — Unlawful investments by officers of mutual savings banks
• N.Y. Banking Law § 665 — Misconduct by directors of banking corporations
• N.Y. Banking Law § 666-a — Loans to be guaranteed by New York state higher education assistance corporation
• N.Y. Banking Law § 668 — Use of checks with certain photographs or drawings reproduced thereon prohibited
• N.Y. Banking Law § 669 — Unauthorized use of the term "bank" or "trust company
• N.Y. Banking Law § 671 — False statements or rumors as to banking institutions
• N.Y. Banking Law § 672 — Falsification of books, reports or statements of private bankers or corporations subject to the banking law
• N.Y. Banking Law § 673 — Abstraction or misappropriation of money, funds or property, or misapplication of credit of private bankers or corporations to which the ...
• N.Y. Banking Law § 674 — Presumption of knowledge of corporate condition and business and of assent thereto by directors; definitions
• N.Y. Banking Law § 674-a — Unlawful undertakings
• N.Y. Banking Law § 675 — Joint deposits and shares; ownership and payment
• N.Y. Banking Law § 676 — Unauthorized withdrawals from savings or time deposit accounts
• N.Y. Banking Law § 677 — Decedents' accounts, withdrawals by authorized persons
• N.Y. Banking Law § 678 — Accounts for convenience only
• N.Y. Banking Law § 679 — Public awareness; banking services
• N.Y. Banking Law § 680 — Short title
• N.Y. Banking Law § 680-a — Definitions
• N.Y. Banking Law § 680-b — Scope; choice of law; forum
• N.Y. Banking Law § 680-c — Variation by agreement or amendment
• N.Y. Banking Law § 680-d — Requirements for special deposit
• N.Y. Banking Law § 680-e — Permissible purpose
• N.Y. Banking Law § 680-f — Payment to beneficiary by bank
• N.Y. Banking Law § 680-g — Property interest of depositor or beneficiary
• N.Y. Banking Law § 680-h — When creditor process enforceable against bank
• N.Y. Banking Law § 680-i — Injunction or similar relief
• N.Y. Banking Law § 680-j — Recoupment or set off
• N.Y. Banking Law § 680-k — Duties and liability of bank
• N.Y. Banking Law § 680-l — Term and termination
• N.Y. Banking Law § 680-m — Principles of law and equity
• N.Y. Banking Law § 680-n — Uniformity of application and construction
• N.Y. Banking Law § 680-o — Transitional provision
• N.Y. Banking Law § 680-p — Severability
• N.Y. Banking Law § 700 — Laws repealed
• N.Y. Banking Law § 701 — Construction
• N.Y. Banking Law § 702 — When to take effect
• N.Y. Banking Law § 710 — Definitions
• N.Y. Banking Law § 711 — Licensing
• N.Y. Banking Law § 712 — Application for a student loan servicer license; fees
• N.Y. Banking Law § 713 — Application process to receive license to engage in the business of student loan servicing
• N.Y. Banking Law § 714 — Changes in officers and directors
• N.Y. Banking Law § 715 — Changes in control
• N.Y. Banking Law § 716 — Grounds for suspension or revocation of license
• N.Y. Banking Law § 717 — Books and records; reports and electronic filing
• N.Y. Banking Law § 718 — Rules and Regulations
• N.Y. Banking Law § 719 — Prohibited practices
• N.Y. Banking Law § 720 — Servicing student loans without a license
• N.Y. Banking Law § 721 — Responsibilities
• N.Y. Banking Law § 722 — Examinations
• N.Y. Banking Law § 723 — Penalties for violation of this article
• N.Y. Banking Law § 724 — Severability of provisions
• N.Y. Banking Law § 725 — Compliance with other laws
• N.Y. Banking Law § 735 — Short title
• N.Y. Banking Law § 736 — Definitions
• N.Y. Banking Law § 737 — License or authorization
• N.Y. Banking Law § 738 — Conditions precedent to issuing a license; procedure where application is denied
• N.Y. Banking Law § 739 — License provisions and posting
• N.Y. Banking Law § 740 — Application for acquisition of control of buy-now-pay-later lender by purchase of stock
• N.Y. Banking Law § 741 — Grounds for revocation or suspension of license; procedure
• N.Y. Banking Law § 742 — Superintendent authorized to examine
• N.Y. Banking Law § 743 — Licensee's books and records; reports
• N.Y. Banking Law § 744 — Acts prohibited
• N.Y. Banking Law § 745 — Interest and other charges
• N.Y. Banking Law § 746 — Consumer protections
• N.Y. Banking Law § 747 — Authority of superintendent
• N.Y. Banking Law § 748 — Penalties
• N.Y. Banking Law § 749 — Severability
• N.Y. Banking Law § 1001 — Definitions
• N.Y. Banking Law § 1002 — Application
• N.Y. Banking Law § 1003 — Certificates; requirements, signing, filing, effectiveness
• N.Y. Banking Law § 1004 — Certificates; corrections
• N.Y. Banking Law § 1005 — Certificates as evidence
• N.Y. Banking Law § 1006 — Corporate seal as evidence
• N.Y. Banking Law § 1007 — When notice or lapse of time unnecessary; notices dispensed with when delivery is prohibited
• N.Y. Banking Law § 1008 — Effect of invalidity of part of article; severability
• N.Y. Banking Law § 2001 — General corporate powers
• N.Y. Banking Law § 3001 — Corporate name; general
• N.Y. Banking Law § 3002 — Corporate name; exceptions
• N.Y. Banking Law § 4001 — Incorporation; organization certificate; amount of capital stock
• N.Y. Banking Law § 4001-a — Formation of limited liability investment companies
• N.Y. Banking Law § 4001-b — Formation of limited liability trust companies