§ 4-a. Banks to display signs. Every banking organization having as\nits purpose or among its purposes the receipt of deposits, shall\ncontinuously display a sign, or signs, as prescribed by the\nsuperintendent of financial services, at each station or window within\nthe state where deposits are usually and normally received in its\nprincipal place of business and in all its branches indicating whether\ndeposits are insured, and if insured the name of the insurer and the\nextent to which each depositor is insured. Signs in non-insured banking\norganizations shall clearly and legibly state "DEPOSITS NOT INSURED",\nall in letters of the same size and character. No sign shall appear in\nany non-insured bank with regard to insurance or deposits except as\nherein prescribed.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.