New York Laws
Article 11 - Credit Unions
482 - Reports to Superintendent; Penalty for Failure to Make.

ยง 482. Reports to superintendent; penalty for failure to make. 1.
Credit unions shall forward to the superintendent all reports required
by the National Credit Union Administration.

2. Every credit union shall also make such other special reports to
the superintendent at such times as he may require, which reports shall
be in the form and filed on the date prescribed by the superintendent.

3. If any credit union shall fail to make any report required by 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 credit union 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

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.