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Banking And Finance Law Lawyers In Montauk New York

Montauk is a census-designated place (CDP) that roughly corresponds to the hamlet (unincorporated community) with the same name located in the town of East Hampton in Suffolk County, New York on the South Shore of Long Island. As of the United States 2000 Census, the CDP population was 3,851. Montauk is the easternmost census-designated place in New York State. Strategically located at the tip of the South Fork peninsula it has been used as an Army, Navy, Coast Guard and Air Force base. Located 20 miles (32 km) off the Connecticut coast, it is home to the largest commercial and recreational fishing fleet in New York State. The Montauk Point Light was the first lighthouse in New York state and is the fourth oldest active lighthouse in the United States. Montauk is a major tourist destination and it boasts six state parks. It is particularly famous for its fishing (claiming to have more world saltwater fishing records than any other port in the world) and surfing. The Deep Hollow Ranch is the oldest cattle ranch in the United States.

What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.