Title:
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A Local Law to amend the administrative code of the city of New York, in relation to the maximum fee allowed when transferring money to a city inmate
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Summary:
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This local law clarifies that an existing fee cap on transfers to inmate institutional accounts, established by state regulation (N.Y. Comp. Codes R. & Regs. tit. 9, ยง 7016.2(b)), also applies to wire-transfers. The law also caps the fee at no more than 1% of the deposit amount, not to exceed $5.
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