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MATTER OF BANK LEUMI TRUST CO. OF NEW YORK v. DIME SAV. BANK OF NEW YORK

202 A.D.2d 578 (1994)

609 N.Y.S.2d 267

In the Matter of Bank Leumi Trust Company of New York, Respondent, v. Dime Savings Bank of New York, FSB, Respondent, and Warren McCain, Appellant

Appellate Division of the Supreme Court of the State of New York, Second Department.

March 21, 1994

Ordered that the judgment is affirmed insofar as appealed from, with costs.

The appellant's contention that the individual retirement account that he deposited with the defendant Dime Savings Bank of New York is exempt from an application to satisfy a money judgment pursuant to CPLR 5205 (c) (2) is without merit. While the account apparently was created as a result of a rollover from a corporate retirement plan in conformity...

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