NY Code - Article 6: SAVINGS BANKS

Search NY Code - Article 6: SAVINGS BANKS

• Section 229 Application
• Section 230 Incorporation; organization certificate
• Section 232 Organization certificate to be submitted to superintendent; proof of publication and service of notice of intention
• Section 233 When corporate existence begins; conditions precedent to commencing business
• Section 234 General powers
• Section 234-A Settlement, modification or readjustment of investment
• Section 234-B Trust powers
• Section 235 Investment of funds
• Section 235-B Effect of usury
• Section 235-B*2 Effect of usury
• Section 235-C Regulation of certain charges
• Section 235-D Service corporations owned by savings banks; authorized activities of such corporations; investment therein
• Section 236 Deposits by savings banks with other banking corporations and private bankers; restrictions
• Section 237 Deposits with savings banks; restrictions
• Section 238 Regulations and restrictions as to repayment of deposits
• Section 239 Repayment of deposits of minors, trust deposits, joint deposits, and deposits adversely claimed; interpleader in certain actions; statute of limitations
• Section 239-A Preservation of books and records
• Section 240 Restrictions as to place of business; branch offices
• Section 240-A Electronic facilities
• Section 240-B Acceptance of United States currency
• Section 241 Change of location; change of designation of principal office
• Section 242 Assets; how entered and carried on books; disallowance by superintendent
• Section 243 Surplus fund
• Section 244 Earnings; how and when to be computed; transfers to surplus fund
• Section 245 Interest payments
• Section 246 Board of trustees; number; vacancies; qualifications; oath and declaration
• Section 246-A Executive committee and other committees
• Section 247 Restrictions upon trustees and officers
• Section 248 Removal and forfeiture of office of trustee
• Section 249 Compensation of trustees and officers
• Section 250 Pensions; insurance
• Section 251 Meetings; quorum; by-laws; officers
• Section 252 Reports to trustees
• Section 253 Official communications from banking department to be submitted to trustees and noted in minutes
• Section 254 Examinations by trustees
• Section 255 Reports to superintendent; penalty for failure to make
• Section 255-A Publication and delivery of annual report
• Section 256 Photographic reproduction of records
• Section 257 Duties of trustees and officers
• Section 258 Prohibition of unauthorized savings banks and use of the word "savings"; exception as to school savings
• Section 260 Charters of all savings banks conformed to this article
• Section 260-B Conversion of a savings bank into a savings and loan association