New York § 96-B - 96-BPayroll payment by banks or trust companies
Full text of New York New York Consolidated Laws § 96-B — 96-BPayroll payment by banks or trust companies, with citation guidance and answers to common questions.
§ 96-B. 96-BPayroll payment by banks or trust companies
§ 96-b. Payroll payment by banks or trust companies. l. Every bank and trust company shall have the power to enter into contracts with any municipal corporation, school district, district corporation, town or county improvement district, public authority, or public corporation to receive in a single payment, for each pay period, the total payroll of such corporations, districts or authorities and deposit the same in accordance with the terms of such contract, which shall include provision for deposits for withholding, retirement and insurance, if any. 2. The amount due each employee shall be disbursed or credited in accordance with the directions of each employee to saving or checking accounts, or loan or mortgage accounts within such bank or trust company or to a single account in another bank or trust company or savings bank or savings and loan association or may be payable in cash or by check to such employee.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 96-B
What does New York Consolidated Laws § 96-B cover?
Section 96-B ("96-BPayroll payment by banks or trust companies") 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 § 96-B?
A common citation format is "New York Consolidated Laws § 96-B" (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 § 96-B 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.