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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Center for Financial Training | Evaluated Learning Experience

Law and Banking Applications LBA201


57.5 hours (11 weeks). 

Various; distance learning format.

April 2024 - Present. 

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon successful completion of this course, students will be able to: describe the various sources of law and the U.S. justice system, as well as alternative dispute resolution; discuss the legal issues related to practical banking applications, such as negotiable instruments, the concept of holder in due course, and the check clearing process; identify the substantive issues and foundational aspects of secured transactions, bankruptcy law, consumer law, environmental law and agency law; and recognize issues with regard to emerging e-commerce laws and regulations.


Instruction is facilitated by an instructor who guides students through each lesson and is available to answer questions and provide feedback on assignments. Each week, students receive an assignment over the Internet that includes reading assigned chapter(s) from the textbook. Students complete a short assignment that is forwarded electronically to instructors or posted it to the electronic class Discussion Board while also taking a self-check test. Additionally, students collaborate with other students on some assignments using electronic discussion boards, chat rooms, and e-mail. The 11-week course requires a mid-term examination and final examination which are delivered electronically. Overall grades for the class are based on student performance on the weekly assignments, mid-term examination and the final examination. Major topics include Purpose and Types of Negotiable Instruments; Holders in due Course, Defenses, and Liabilities; Bank-Depositor Relationships; Deposits, and Collections; Mortgages and Security Interests; Bankruptcy; Employment Law; Labor-Management Relations Law; the Corporate Entity; Corporate Governance; Business Organization and Regulation; Professional Liability; and Electronic Law.

Credit recommendation: 

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Business Law, Banking Law Classes, Management, Marketing, Entrepreneurship, or Human Resources related curriculum (4/24).