New York Statutes

§ 36-B — Preservation of books and records

New York·Law BNK Banking·Art. 2 Department of Financial Services; Superintendent of Financial Services; Supervisory and Regulatory Powers
§ 36-b. Preservation of books and records. When any provision of this\nchapter or any rule or regulation adopted pursuant thereto requires that\nbooks and records be preserved, such requirement may be satisfied by\nmaintenance of original papers or other records, photographic\nreproductions, or records stored in electronic storage media. As used in\nthis chapter, "electronic storage media" means any digital storage\nmedium or system that meets the following conditions:\n 1. It must preserve the records exclusively in non-rewritable,\nnon-erasable format;\n 2. It must verify automatically the quality and accuracy of the\nstorage media recording process;\n 3. It must have the capacity to readily download indexes, metadata and\nrecords preserved on the electronic storage media to any med

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