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Current as of January 01, 2026 | Updated by Findlaw Staff
When any provision of this chapter or any rule or regulation adopted pursuant thereto requires that books and records be preserved, such requirement may be satisfied by maintenance of original papers or other records, photographic reproductions, or records stored in electronic storage media. As used in this chapter, “electronic storage media” means any digital storage medium or system that meets the following conditions:
1. It must preserve the records exclusively in non-rewritable, non-erasable format;
2. It must verify automatically the quality and accuracy of the storage media recording process;
3. It must have the capacity to readily download indexes, metadata and records preserved on the electronic storage media to any medium acceptable to the superintendent; and
4. It must be immediately readable on equipment at all times available to the superintendent for examination of such records.
Cite this article: FindLaw.com - New York Consolidated Laws, Banking Law - BNK § 36-b. Preservation of books and records - last updated January 01, 2026 | https://codes.findlaw.com/ny/banking-law/bnk-sect-36-b/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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