Establishes rules for joint accounts and convenience signers in New York.

The bill enacts provisions for the establishment and administration of joint accounts and non-survivorship accounts in New York. It provides for account agreements, payments during the lifetime of account owners, and liability. The bill defines terms such as "account owner," "convenience signer," and "joint account." It also provides for notice, competing claims, and court orders. The superintendent of financial services is required to promulgate rules and regulations necessary to implement the provisions of the bill. The bill makes related provisions and defines terms.

Establishes rules for joint accounts and convenience signers in New York.

The bill enacts provisions for the establishment and administration of joint accounts and non-survivorship accounts in New York. It provides for account agreements, payments during the lifetime of account owners, and liability. The bill defines terms such as "account owner," "convenience signer," and "joint account." It also provides for notice, competing claims, and court orders. The superintendent of financial services is required to promulgate rules and regulations necessary to implement the provisions of the bill. The bill makes related provisions and defines terms.