S4090 (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 Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-01-07
- In committee
- Banks
- Introduced
- 2025-01-31
- Same as
- A7696
- Law section
- Banking Law
Sponsors
- Kevin S. Parker State Senator, District 21
Heard in committee
- Banks NY State Senate committee
Same as
- A7696 (2025-26 session) NY State bill