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Current as of January 01, 2026 | Updated by Findlaw Staff
No banking institution, as that term is defined in section nine-f of this chapter, shall charge its customers a fee for the withdrawal of all funds from any account resulting in the closing of such account provided that such account was opened for a period of at least one hundred eighty consecutive days prior to its closing.
Cite this article: FindLaw.com - New York Consolidated Laws, Banking Law - BNK § 9-i. Close-out fees prohibited in certain cases - last updated January 01, 2026 | https://codes.findlaw.com/ny/banking-law/bnk-sect-9-i/
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