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New York · Through 2026-09-11

N.Y. Banking Law § 9-i: Close-out fees prohibited in certain cases

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Where this section sits in the code
  1. Banking Law
  2. Article 1. Short Title; Definitions; Miscellaneous Provisions

* § 9-i. Close-out fees prohibited in certain cases. 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.

* NB There are 2 § 9-i's

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

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