§ 9-H. Imposition of service charges prohibited.
66 words·~1 min read·
/ny/banking/short-title-definitions-miscellaneous-provisions/9-h·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 9-h. Imposition of service charges prohibited. No banking
organization shall impose any service charge with respect to any deposit
account as a result of the loss of a check or money which is properly
deposited with the banking organization by delivery to an employee of
the banking organization for credit to the deposit account and for which
a written receipt is issued by the employee.