New York Laws
Article 6 - Savings Banks
257 - Duties of Trustees and Officers.

(a) To compel the defendant to account for his official conduct in the
following cases:
(1) The neglect of, or failure to perform, or other violation of his
duties in the management and disposition of the savings bank's assets
committed to his charge.
(2) The acquisition by himself, transfer to others, loss or waste of
the savings bank's assets due to any neglect of or failure to perform,
or other violation of his duties.
(b) To set aside a conveyance, assignment or transfer of the savings
bank's assets by one or more trustees or officers, contrary to a
provision of law, where the transferee knew the purpose of the transfer.
(c) To enjoin such a conveyance, assignment or transfer of the savings
bank's assets by one or more of the trustees or officers where there is
good reason to apprehend that it will be made.
3. Subject to section six hundred thirty-one of this chapter, an
action may be brought for the relief provided in this section by a
savings bank or an officer, trustee or judgment creditor thereof.
4. This section shall not affect any liability otherwise imposed by
law upon any trustee or officer.

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