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New York · Through 2026-09-11

N.Y. Banking Law § 327: Use of sign or words indicating safe deposit company by unauthorized persons prohibited

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Where this section sits in the code
  1. Banking Law
  2. Article 8. Safe Deposit Companies

§ 327. Use of sign or words indicating safe deposit company by

unauthorized persons prohibited. 1. No entity, other than a duly

chartered safe deposit company, shall make use of any office sign at the

place where such business is transacted having thereon any artificial or

corporate name, or other words indicating that such place or office is

the place of business or office of a safe deposit company; nor shall any

such entity make use of or circulate any letterheads, billheads, blank

forms, notes, receipts, certificates, circulars, or any written or

printed or partly written and partly printed paper whatever, having

thereon any artificial or corporate name, or other word or words,

indicating that such business is the business of a safe deposit company.

2. Nothing in this section shall be deemed to prevent any banking

organization, foreign banking corporation duly licensed to maintain a

branch in the state, national bank, federal savings and loan association

or federal savings bank from engaging in the safe deposit business in

this state.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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