New York Laws
BNK - Banking
Article 11 - Credit Unions

450 - Incorporation; Organization Certificate. - § 450. Incorporation; organization certificate. When authorized by the superintendent...

450-A - Designation of Low Income Credit Union. - § 450-a. Designation of low income credit union. 1. A...

450-B - Designation of Student Branches. - (a) "school" shall mean any public or private elementary or...

451 - Proposed Bylaws. - § 451. Proposed bylaws. The incorporators shall subscribe and acknowledge...

451-A - Qualifications for Membership. - (a) Persons: (1) within the same occupation or from multiple...

452 - When Corporate Existence Begins; Conditions Precedent to Commencing Business. - § 452. When corporate existence begins; conditions precedent to commencing...

453 - Corporate Credit Unions. - (a) accumulate and prudently manage the liquidity of its member...

454 - General Powers. - (b) The knowingly taking, receiving, reserving, or charging a greater...

455 - Trust Powers. - § 455. Trust powers. 1. The superintendent of financial services...

456 - Limitations Upon Powers. - § 456. Limitations upon powers. No credit union shall: 1....

457 - Capital. - § 457. Capital. The capital of a credit union shall...

458-A - Maintenance of Reserves. - § 458-a. Maintenance of reserves. A credit union shall contribute...

459 - Allowance for Loan Loss. - § 459. Allowance for loan loss. An allowance for loan...

460 - Dividends to Shareholders; Conditions Precedent. - (a) All expenses paid or incurred by the credit union...

461 - Change of Location; Estblishment of Stations; Extension or Revival of Corporate Existence. - (a) Its board of directors shall submit to the superintendent...

462 - Foreign Credit Unions. - § 462. Foreign credit unions. Subject to such regulations as...

463 - Exemptions and Individual Liability of Shareholders. - § 463. Exemptions and individual liability of shareholders. The transfer...

464 - Manner of Withdrawal; Expulsion or Suspension of Members; Effect Upon Liabilities to Credit Unions. - (a) Except as provided in paragraph (b) of this subdivision,...

465 - Withdrawal of Shares After Voting to Liquidate; Notices to Shareholders. - § 465. Withdrawal of shares after voting to liquidate; notices...

466 - Meetings of Shareholders; Voting. - § 466. Meetings of shareholders; voting. 1. At all meetings...

467 - Qualifications and Disqualifications of Directors and Committee Members. - § 467. Qualifications and disqualifications of directors and committee members....

468 - Oaths of Directors; Officers and Members of Committees. - § 468. Oaths of directors, officers and members of committees....

469 - Vacancies; Change in Number of Directors. - § 469. Vacancies; change in number of directors. 1. Vacancies...

470 - Powers and Duties of Directors; Not Entitled to Compensation; Disqualification of Directors. - § 470. Powers and duties of directors; not entitled to...

471 - Duty of Directors and Officers. - (a) To compel the defendant to account for his official...

472 - Special Duties of Directors. - § 472. Special duties of directors. Unless the bylaws shall...

473 - Loan Officers, Credit Committee; Duties. - § 473. Loan officers, credit committee; duties. Whenever the term...

474 - Loan Reports to Directors. - § 474. Loan reports to directors. 1. The credit committee...

475 - Supervisory Committee; Powers and Duties. - (a) To suspend at any time by unanimous vote, at...

476 - Officers; Powers and Duties. - § 476. Officers; powers and duties. The powers and duties...

477 - Retirement and Insurance Benefits for Officers and Employees. - § 477. Retirement and insurance benefits for officers and employees....

478 - Amendment of Bylaws; Approval of Superintendent. - § 478. Amendment of bylaws; approval of superintendent. 1. The...

479 - Credit Union Not Liable for Taxation. - § 479. Credit union not liable for taxation. Any credit...

480 - Fiscal Year. - § 480. Fiscal year. The fiscal year of every credit...

481 - Communications From Department of Financial Services Must Be Submitted to Directors and Supervisory Committee, and Noted in the Minutes. - § 481. Communications from department of financial services must be...

482 - Reports to Superintendent; Penalty for Failure to Make. - § 482. Reports to superintendent; penalty for failure to make....

483 - Penalty for Loans to Non-Members; Recovery. - § 483. Penalty for loans to non-members; recovery. Any officer,...

484 - Penality for Use of Term "Credit Union". - § 484. Penalty for use of term "credit union". The...

485 - Entries in Books; Preservation of Records. - § 485. Entries in books; preservation of records. 1. No...

486 - Conversion of a Federal Credit Union Into a State Credit Union. - § 486. Conversion of a federal credit union into a...

486-A - Retention of Special Additional Mortgage Recording Tax Exemption for Converted Federal Credit Unions. - § 486-a. Retention of special additional mortgage recording tax exemption...

487 - Conversion of a Credit Union Into a Federal Credit Union. - § 487. Conversion of a credit union into a federal...

487-A - Conversion of a Credit Union Into a Mutual Savings Bank. - § 487-a. Conversion of a credit union into a mutual...