A7696 (2025-26 session)

NY State bill

Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.

Title
Prohibits a service charge or minimum balance requirement for attorney trust accounts
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Banks
Introduced
2025-04-08
Same as
S4090
Law section
Banking Law

Sponsors

Heard in committee

Same as

Sources