· NY legislature · 2025-2026

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

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.

Sponsor

Latrice Walker (D-NY)

Introduced

2025-04-08

Policy area

Finance and Financial Sector

Latest action

REFERRED TO BANKS