New York Laws
Article 6 - Savings Banks
248 - Removal and Forfeiture of Office of Trustee.

(a) Shall fail to comply with any of the provisions of this article
relating to his official oath and declaration.
(b) Shall become disqualified for any of the reasons specified in this
article.
(c) Shall have failed to attend the regular meetings of the board of
trustees and also of any committee of the board of which he is a member,
for a period of six successive months, unless excused by the board for
such failure by resolution adopted at the first or second regular
meeting of the board after expiration of such six months period and
entered upon its minutes; provided, however, that a trustee who has
forfeited or vacated his office by reason of such failure to attend
meetings shall not be eligible for re-election until the expiration of
one year from the date of the first regular meeting of the board at
which a resolution could have been adopted by it, as herein provided, to
excuse such failure. A copy of such resolution shall be transmitted to
the superintendent by the savings bank within five days after its
adoption.
(d) Shall violate any of the provisions of this article imposing
restrictions upon trustees and officers.
(e) Shall reach the mandatory retirement age, if any, prescribed in
the by-laws of the savings bank.
3. A trustee who has forfeited or vacated his office shall not be
eligible for re-election, except when the forfeiture or vacancy occurred
solely by reason of his
(a) Failure to comply with the provisions of this article relating to
his official oath and declaration; or
(b) Failure to attend the regular meetings of the board of trustees or
neglect of his official duties as prescribed in paragraph (c) of
subdivision two of this section; or
(c) Disqualification through becoming a non-resident, or becoming a
trustee, officer or employee of another savings bank, or becoming a
director or trustee of a bank, trust company, national bank, mortgage or
title company and such disqualification shall have been removed.
(d) Resignation while free of any of the disqualifications specified
in this article.