New York Laws
BNK - Banking
Article 6 - Savings Banks

229 - Application. - 1. This article applies to every savings bank and shall...

230 - Incorporation; Organization Certificate. - § 230. Incorporation; organization certificate. When authorized by the superintendent...

232 - Organization Certificate to Be Submitted to Superintendent; Proof of Publication and Service of Notice of Intention. - § 232. Organization certificate to be submitted to superintendent; proof...

233 - When Corporate Existence Begins; Conditions Precedent to Commencing Business. - § 233. When corporate existence begins; conditions precedent to commencing...

234 - General Powers. - § 234. General powers. Every savings bank shall have, subject...

234-A - Settlement, Modification or Readjustment of Investment. - § 234-a. Settlement, modification or readjustment of investment. A savings...

234-B - Trust Powers. - § 234-b. Trust powers. 1. The superintendent of financial services...

235 - Investment of Funds. - (b) Obligations, excluding however, non-negotiable warrants, of any city or...

235-B - Effect of Usury. - § 235-b. Effect of usury. The knowingly taking, receiving, reserving,...

235-C - Regulation of Certain Charges. - § 235-c. Regulation of certain charges. The superintendent of financial...

235-D - Service Corporations Owned by Savings Banks; Authorized Activities of Such Corporations; Investment Therein. - § 235-d. Service corporations owned by savings banks; authorized activities...

236 - Deposits by Savings Banks With Other Banking Corporations and Private Bankers; Restrictions. - § 236. Deposits by savings banks with other banking corporations...

237 - Deposits With Savings Banks; Restrictions. - § 237. Deposits with savings banks; restrictions. 1. No savings...

238 - Regulations and Restrictions as to Repayment of Deposits. - § 238. Regulations and restrictions as to repayment of deposits....

239 - Repayment of Deposits of Minors, Trust Deposits, Joint Deposits, and Deposits Adversely Claimed; Interpleader in Certain Actions; Statute of Limitatio - (b) The funds on deposit which are the subject of...

239-A - Preservation of Books and Records. - § 239-a. Preservation of books and records. Every savings bank...

240 - Restrictions as to Place of Business; Branch Offices. - (a) A savings bank may open and occupy one or...

240-A - Electronic Facilities. - § 240-a. Electronic facilities. A savings bank may conduct a...

240-B - Acceptance of United States Currency. - § 240-b. Acceptance of United States currency. No savings bank...

241 - Change of Location; Change of Designation of Principal Office. - § 241. Change of location; change of designation of principal...

242 - Assets; How Entered and Carried on Books; Disallowance by Superintendent. - § 242. Assets; how entered and carried on books; disallowance...

243 - Surplus Fund. - § 243. Surplus fund. 1. Every savings bank shall create...

244 - Earnings; How and When to Be Computed; Transfers to Surplus Fund. - (a) All earnings actually received, less interest accrued and uncollected...

245 - Interest Payments. - § 245. Interest payments. 1. A savings bank may classify...

246 - Board of Trustees; Number; Vacancies; Qualifications; Oath and Declaration. - (b) Notwithstanding the provisions of the foregoing paragraph of this...

246-A - Executive Committee and Other Committees. - (a) The filling of vacancies in the board of trustees...

247 - Restrictions Upon Trustees and Officers. - (a) Have any interest, direct or indirect, in the profits...

248 - Removal and Forfeiture of Office of Trustee. - (a) Shall fail to comply with any of the provisions...

249 - Compensation of Trustees and Officers. - § 249. Compensation of trustees and officers. 1. A trustee...

250 - Pensions; Insurance. - § 250. Pensions; insurance. Subject to such regulations as the...

251 - Meetings; Quorum; By-Laws; Officers. - (b) The by-laws may prescribe what shall constitute notice of...

252 - Reports to Trustees. - § 252. Reports to trustees. The board of trustees of...

253 - Official Communications From Department of Financial Services to Be Submitted to Trustees and Noted in Minutes. - § 253. Official communications from department of financial services to...

254 - Examinations by Trustees. - § 254. Examinations by trustees. 1. Once in each calendar...

255 - Reports to Superintendent; Penalty for Failure to Make. - § 255. Reports to superintendent; penalty for failure to make....

255-A - Publication and Delivery of Annual Report. - § 255-a. Publication and delivery of annual report. Every savings...

256 - Photographic Reproduction of Records. - § 256. Photographic reproduction of records. Any photograph, microphotograph or...

257 - Duties of Trustees and Officers. - (a) To compel the defendant to account for his official...

258 - Prohibition of Unauthorized Savings Banks and Use of the Word "Savings"; Exception as to School Savings. - § 258. Prohibition of unauthorized savings banks and use of...

260 - Charters of All Savings Banks Conformed to This Article. - § 260. Charters of all savings banks conformed to this...

260-A - Amendment of Organization Certificate and By-Laws. - § 260-a. Amendment of organization certificate and by-laws. Any proposed...

260-B - Conversion of a Savings Bank Into a Savings and Loan Association. - § 260-b. Conversion of a savings bank into a savings...