N.Y. Banking Law § 9-n

§ 9-n. Trust accounts; address of beneficiary. 1. Every banking\ninstitution, which for the purposes of this section means a bank, trust\ncompany, savings bank, savings and loan association, licensed foreign\nbank or credit union, which shall hold accounts by depositors in such\ndepositor's own name and, further, in trust for a third party\nbeneficiary or beneficiaries, shall make a written record of the address\nof any such beneficiary or beneficiaries at the time a trust account is\nestablished.\n 2. The superintendent shall enforce the provisions of this section by\nappropriate rules, regulations and orders.\n