New York Acceptance Of Facsimile Signatures By Banks Or Trust Companies.
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§ 11-113 Acceptance of facsimile signatures by banks or trust
companies. Notwithstanding any provision of the charter, checks drawn
upon any bank or trust company for payment of payrolls or disbursements
for relief, required to be signed by the head of an agency or his or her
authorized designee, may be signed by the facsimile signature or
signatures of the person or persons authorized to sign such checks, if
the head of such agency so authorizes by an instrument in writing signed
by the head of such agency and filed with the comptroller; and, in such
event, any bank or trust company shall, acting in good faith and without
notice of any defect or invalidity, be authorized to pay and be
protected in paying any checks bearing or purporting to bear the
facsimile signature or signatures of the person or persons duly
authorized to sign such checks, regardless of the person by whom or the
means by which the actual or purported facsimile signature or signatures
thereon may have been affixed thereto, if such facsimile signature or
signatures closely resemble the facsimile specimens from time to time
filed with such banks or trust companies by the head of the agency in
question; provided, however, that nothing herein contained shall release
such bank or trust company from any liability arising from any cause or
fact other than the fact that such facsimile signature is not a genuine
facsimile signature affixed with appropriate authority.