New York Laws
Article 10 - Savings and Loan Associations
404 - Reports to the Superintendent; Penalty for Failure to Make.

§ 404. Reports to the superintendent; penalty for failure to make. 1.
On or before the first day in February in each year, every savings and
loan association shall make a written report to the superintendent which
shall contain a statement of its condition as of the morning of the
first day of January in such year. Such report shall contain such
information and be in such form as the superintendent may prescribe and
shall be subscribed and affirmed as true under the penalties of perjury
by the president or a vice-president and another principal officer.

2. Every such association shall also make such other special reports
to the superintendent as he may from time to time require, in such form
and at such date as may be prescribed by him and such reports shall, if
required by him, be subscribed and affirmed as true under the penalties
of perjury.

3. If any such association shall fail to make any report required by
or pursuant to this section on or before the day designated for the
making thereof, or shall fail to include therein any information
required by the superintendent to be included, such association shall
forfeit to the people of the state an amount as determined pursuant to
section forty-four-a of this chapter for every day that such report
shall be delayed or withheld, and for every day that it shall fail to
report any such omitted information, unless the time therefor shall have
been extended by the superintendent.

Structure New York Laws