AIB Overview     AIB Online     AIB Online Schedule     ABA eLearning     AIB Diplomas AIB LAW AND BANKING: PRINCIPLES Course Description:  This newly updated AIB course offers a foundation on the business law principles underlying banking law as well as a description of the context for and process of creating banking law and regulations.  Knowing the basics of business law enables every banker to more easily understand laws pertaining to bank products, services and transactions. Delivery Methods: Instructor-led online course - AIB Online Overview   Course Start Dates     Enroll Online       Print Registration Form Price $485 NYBA or ABA Members/$605 Non-Members with textbook $405 NYBA or ABA Members/$475 Non-Members without textbook $7.50 shipping/handling fee is added to AIB Online Courses with textbooks.  Length 16 Weeks Course Credits AIB: 3.0; ACE: See below Prerequisites None Required Software Adobe Acrobat Reader; Microsoft Internet Explorer Browser 7.0 or Mozilla Firefox 2.0 or higher Textbook Law & Banking, 7th Edition, 2012   The course, Law & Banking: Applications, uses the same textbook.  You should purchase the textbook for the first Law & Banking class and register without textbook for the second class. Classroom Training - Textbooks Purchase textbooks for in-bank or classroom training.  Call 212-297-1679 to discuss earning AIB credit for in-bank courses. Audience:  Personnel who are new to banking or require a refresher course on the legal basis for many banking laws governing products, services and transactions. Learning Objectives:  After successfully completing this program, you will be able to: Explain the legal and legislative sources of U.S. banking law and the judiciary's and regulatory agencies' roles in interpreting the law Describe the major torts and crimes that affect the banking industry Identify the customer relationships of individuals, sole proprietorships, and partnerships, and a bank's legal obligations and responsibilities when transacting business with these customers Identify the legal entities of corporations, government agencies, limited liability companies, estates, and trusts, and a bank's legal obligations and responsibilities when transacting business with these entities Explain how contractual relationships are formed and enforced and the different elements of contracts Describe how property may be acquired, transferred, and owned, and how creditors obtain property interests. Describe the requirements of negotiable instruments as defined by Uniform Commercial Code Article 3 and other laws Describe the parties and their rights in the transfer of negotiable instruments and the legal responsibilities of banks in collections and returns as governed by the UCC and federal regulation Explain the legal obligations of banks to act responsibly as businesses and in their dealings with customers Topics Covered:   Introduction to Law and Banking Torts and Crimes Individuals, Sole Proprietorships, Agencies, and Partnerships Corporations, LLCs, Government Agencies, Estates, and Trusts Contracts Property Negotiable Instruments Collections and Returns Corporate Responsibility ACE College Credit Recommendation: In the lower division baccalaureate/associate degree category, 3 semester hours in Accounting. Questions:  Call NYBA Professional Development at (212) 297-1679 or elegg@nyba.com. The New York Bankers Association is a Local ABA Training Provider.