New York Laws
Article 11 - Credit Unions
480 - Fiscal Year.

ยง 480. Fiscal year. The fiscal year of every credit union shall end
at the close of business on the thirty-first day of December.

Structure New York Laws

New York Laws

BNK - Banking

Article 11 - Credit Unions

450 - Incorporation; Organization Certificate.

450-A - Designation of Low Income Credit Union.

450-B - Designation of Student Branches.

451 - Proposed Bylaws.

451-A - Qualifications for Membership.

452 - When Corporate Existence Begins; Conditions Precedent to Commencing Business.

453 - Corporate Credit Unions.

454 - General Powers.

455 - Trust Powers.

456 - Limitations Upon Powers.

457 - Capital.

458-A - Maintenance of Reserves.

459 - Allowance for Loan Loss.

460 - Dividends to Shareholders; Conditions Precedent.

461 - Change of Location; Estblishment of Stations; Extension or Revival of Corporate Existence.

462 - Foreign Credit Unions.

463 - Exemptions and Individual Liability of Shareholders.

464 - Manner of Withdrawal; Expulsion or Suspension of Members; Effect Upon Liabilities to Credit Unions.

465 - Withdrawal of Shares After Voting to Liquidate; Notices to Shareholders.

466 - Meetings of Shareholders; Voting.

467 - Qualifications and Disqualifications of Directors and Committee Members.

468 - Oaths of Directors; Officers and Members of Committees.

469 - Vacancies; Change in Number of Directors.

470 - Powers and Duties of Directors; Not Entitled to Compensation; Disqualification of Directors.

471 - Duty of Directors and Officers.

472 - Special Duties of Directors.

473 - Loan Officers, Credit Committee; Duties.

474 - Loan Reports to Directors.

475 - Supervisory Committee; Powers and Duties.

476 - Officers; Powers and Duties.

477 - Retirement and Insurance Benefits for Officers and Employees.

478 - Amendment of Bylaws; Approval of Superintendent.

479 - Credit Union Not Liable for Taxation.

480 - Fiscal Year.

481 - Communications From Department of Financial Services Must Be Submitted to Directors and Supervisory Committee, and Noted in the Minutes.

482 - Reports to Superintendent; Penalty for Failure to Make.

483 - Penalty for Loans to Non-Members; Recovery.

484 - Penality for Use of Term "Credit Union".

485 - Entries in Books; Preservation of Records.

486 - Conversion of a Federal Credit Union Into a State Credit Union.

486-A - Retention of Special Additional Mortgage Recording Tax Exemption for Converted Federal Credit Unions.

487 - Conversion of a Credit Union Into a Federal Credit Union.

487-A - Conversion of a Credit Union Into a Mutual Savings Bank.