New York § 680-D - 680-DRequirements for special deposit

Full text of New York New York Consolidated Laws § 680-D — 680-DRequirements for special deposit, with citation guidance and answers to common questions.

§ 680-D. 680-DRequirements for special deposit

§ 680-d. Requirements for special deposit. A deposit is a special deposit if it is: 1. a deposit of funds in a bank under an account agreement; 2. for the benefit of at least two beneficiaries, one or more of which may be a depositor; 3. denominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government; 4. for a permissible purpose stated in the account agreement; and 5. subject to a contingency.

Source: official New York text · Last verified 2026-08-27

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Frequently Asked Questions About New York § 680-D

What does New York Consolidated Laws § 680-D cover?

Section 680-D ("680-DRequirements for special deposit") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New York § 680-D?

A common citation format is "New York Consolidated Laws § 680-D" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New York law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.

How does New York § 680-D apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New York.