New York Statutes
§ 680-D — Requirements for special deposit
New York § 680-D
This text of New York § 680-D (Requirements for special deposit) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Banking § 680-D (2026).
Text
§ 680-d. Requirements for special deposit. A deposit is a special\ndeposit if it is:\n 1. a deposit of funds in a bank under an account agreement;\n 2. for the benefit of at least two beneficiaries, one or more of which\nmay be a depositor;\n 3. denominated in a medium of exchange that is currently authorized or\nadopted by a domestic or foreign government;\n 4. for a permissible purpose stated in the account agreement; and\n 5. subject to a contingency.\n
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Nearby Sections
15
§ 680
Short title§ 680-A
Definitions§ 680-B
Scope; choice of law; forum§ 680-E
Permissible purpose§ 680-I
Injunction or similar relief§ 680-J
Recoupment or set off§ 680-K
Duties and liability of bank§ 680-L
Term and termination§ 680-M
Principles of law and equityCite This Page — Counsel Stack
Bluebook (online)
New York § 680-D, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/BNK/680-D.