N.Y. Banking Law § 9-x*2: Fees based on inactivity; notification

* § 9-x. Fees based on inactivity; notification. Notwithstanding any

other provision of law or rule or regulation to the contrary, any

financial institution subject to the provisions of this chapter,

including any bank, trust company, savings bank, savings and loan

association, credit union, mortgage broker, mortgage banker, or other

investment entity, whether headquartered within or outside the state,

which provides an account to a customer shall provide written notice of

the pending charges to a customer thirty days prior to charging any fee

based on account inactivity. Such notice shall include a telephone

number and full contact information for a representative of the

financial institution responsible for resolving any matter relating to

the fee. A notification by electronic mail shall satisfy the writing

requirement for the purposes of this section.

* NB There are 2 § 9-x's