A5519 — Authorizes the department of financial services to prescribe by regulation the order of payment of checks and other debts, insufficient funds charges and return deposit item charges

A5519 — Authorizes the department of financial services to prescribe by regulation the order of payment of checks and other debts, insufficient funds charges and return deposit item charges · Informed CitizenryThis bill amends the banking law to grant the superintendent of financial services the authority to regulate how banking organizations process debit and credit transactions for consumer accounts. I…Open in Informed Citizenry