NY Code - Article 3: BANKS AND TRUST COMPANIES

Search NY Code - Article 3: BANKS AND TRUST COMPANIES

• Section 94 Change from bank to trust company; from trust company to bank
• Section 96 General powers
• Section 96-A Servicing of mortgages by banks
• Section 96-B Payroll payment by banks or trust companies
• Section 96-C Power to act as trustee under self-employed retirement trust or individual retirement trust
• Section 96-D Banking development districts
• Section 97 Power to purchase securities and stocks
• Section 98 Power to take and hold real estate; restrictions
• Section 98-A Club accounts
• Section 100 Fiduciary powers
• Section 100-A Fiduciary capacities; appointment by court authorized; bond; oath; accounting
• Section 100-B Investments as fiduciary; when interest is to be paid; preference
• Section 100-C Common trust funds
• Section 100-D Foreign common trust funds
• Section 101 Additional powers of certain trust companies
• Section 102 Powers of specially chartered trust companies
• Section 102-A Limited liability trust companies
• Section 103 Restrictions on loans, purchases of securities and total liabilities to bank or trust company of any one person
• Section 104 Entries in books; restrictions; amortization of securities
• Section 105 Branch offices; prohibition against doing business at unauthorized places
• Section 105-A Electronic facilities
• Section 105-B Trust offices
• Section 106 Deposits by banks and trust companies with other banking corporations and private bankers; restrictions
• Section 107 Reserves against deposits
• Section 107-A Security for public deposits
• Section 108 Rates of interest; installment obligations; personal loan departments
• Section 108-A Acceptance of United States currency
• Section 109 Closing of books; profits; how to be computed
• Section 110 Surplus fund; of what composed, and for what purposes used
• Section 111 Profits; credits to surplus fund and to undivided profits
• Section 112 Dividends; payable from net profits; restrictions
• Section 113 Change of location; change of designation of principal office
• Section 114 Assessment of stockholders to make good impairment of capital stock; sale of stock
• Section 121 Reports to directors
• Section 122 Examinations of banks and trust companies by directors; employment of assistants
• Section 123 Reports of directors' examinations
• Section 124 Communications from banking department to be submitted to directors and noted in minutes
• Section 125 Reports to superintendent; penalty for failure to make
• Section 128 Preservation of books and records
• Section 129 Requirement of notice on withdrawal of certain time deposits; notice to superintendent
• Section 130 Restrictions on officers, directors and employees
• Section 131 Prohibitions against encroachments upon certain powers of banks and trust companies
• Section 132 Use of sign, or words, indicating bank or trust company by unauthorized persons prohibited
• Section 133 Use of banking institution name
• Section 134 Repayment of deposits standing in the names of minors, trustees or joint depositors; repayment where adverse claim is asserted; interpleader in certain actions; effect of claims or advices originating in, and statutes, rules or regulations purporting to be in force in occupied territories
• Section 136 Change of national banking association into state bank by conversion or merger
• Section 136-A Purchase of assets of national banking association by bank or trust company
• Section 136-B Approval of superintendent
• Section 136-C Effect of merger or conversion of national banking association into state bank
• Section 137 Change of state bank into national banking association by conversion, merger or consolidation
• Section 138 Foreign branches; performance of contracts and repayment of deposits
• Section 139 Saving clause
• Section 140-A Stock option plans