States / New York / A 7696

A 7696 In Committee

Prohibits a service charge or minimum balance requirement for attorney trust accounts

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.

Chamber
House
Introduced
Apr 8, 2025
Last action
Jan 7, 2026 — REFERRED TO BANKS
Session
2025-2026
Momentum
27 · Low