Could one of you dear NY bankers provide me with the legal cite in NY for the rules concerning Lost or Stolen Cashier's Checks? We have a customer who lives in NY - CC was stolen from her mail. We requested an indemnity bond and a statement that it was stolen from her and she became very upset. In GA, we can't place a stop pay on the original until 90 days has passed unless we have an indemnity bond. I wondered what would happen in NY if the same thing had happened to her there.
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"Once you learn to read, you will be forever free."

- Frederick Douglass




My Opinion Only.