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Banking And Finance Law Lawyers In Retsof New York

Retsof is an unincorporated community within the town of York in Livingston County, New York, United States. The community, situated 26 miles (42 km) southwest of the city of Rochester, is roughly centered around the junction between New York State Route 36 and New York State Route 63. It lies approximately at co-ordinates 42°49′50″N 77°52′55″W / 42.830660085637°N 77.8820800781°W / 42.830660085637; -77.882080078125. It was founded by a man named Foster who reversed the letters of his name to name the town and was the site of one of the world's largest salt mines until its collapse in 1994. A new mine, the Hampton Corners mine, is located near Mount Morris, about 10 miles (16 km) to the southeast. The original population of Retsof was mostly of Italian origin; they lived in a company town where the salt mine owned the houses and a store and maintained the small village. In addition to the salt mine, there was a small railroad—the Genesee and Wyoming Railroad (G&W)—that took the salt to the "Main Lines" in neighboring towns. The G&W remains active today as a branch line of the Rochester and Southern Railroad.

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.

Federal court opinions concerning banking and finance law in New York