S4570 (2025-26 session)
NY State bill
Enacts the New York state money transmission disclosure act; requires each licensee providing a transmission transaction which involves currency of one country into the currency of another country to provide the customer with a written disclosure; authorizes the superintendent of financial services to implement any necessary rules and regulations.
- Title
- Enacts the New York state money transmission disclosure act
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-01-07
- In committee
- Banks
- Introduced
- 2025-02-07
- Law section
- Banking Law
Sponsors
- James Sanders Jr. State Senator, District 10
Heard in committee
- Banks NY State Senate committee