Statute · New York Banking Law
N.Y. Banking Law § 9-i — Close-out fees prohibited in certain cases
N.Y. Banking Law § 9-i
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
* § 9-i. Close-out fees prohibited in certain cases. No banking institution, as that term is defined in section nine-f of this chapter, shall charge its customers a fee for the withdrawal of all funds from any account resulting in the closing of such account provided that such account was opened…
Citator
N.Y. Banking Law § 9-i — Close-out fees prohibited in certain cases is in force in the current edition of the Code, and nothing recorded condemns it.
* § 9-i. Close-out fees prohibited in certain cases. No banking institution, as that term is defined in section nine-f of this chapter, shall charge its customers a fee for the withdrawal of all funds from any account resulting in the closing of such account provided that such account was opened for a period of at least one hundred eighty consecutive days prior to its closing.
* NB There are 2 § 9-i's