PocketLaw | New York Laws | Savings Banks

Savings Banks

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Incorporation; Organization Certificate.

Organization Certificate to Be Submitted to Superintendent; Proof of Publication and Service of Notice of Intention.

When Corporate Existence Begins; Conditions Precedent to Commencing Business.

General Powers.

Settlement, Modification or Readjustment of Investment.

Trust Powers.

Investment of Funds.

Effect of Usury.

Regulation of Certain Charges.

Service Corporations Owned by Savings Banks; Authorized Activities of Such Corporations; Investment Therein.

Deposits by Savings Banks With Other Banking Corporations and Private Bankers; Restrictions.

Deposits With Savings Banks; Restrictions.

Regulations and Restrictions as to Repayment of Deposits.

Repayment of Deposits of Minors, Trust Deposits, Joint Deposits, and Deposits Adversely Claimed; Interpleader in Certain Actions; Statute of Limitatio

Preservation of Books and Records.

Restrictions as to Place of Business; Branch Offices.

Electronic Facilities.

Acceptance of United States Currency.

Change of Location; Change of Designation of Principal Office.

Assets; How Entered and Carried on Books; Disallowance by Superintendent.

Surplus Fund.

Earnings; How and When to Be Computed; Transfers to Surplus Fund.

Interest Payments.

Board of Trustees; Number; Vacancies; Qualifications; Oath and Declaration.

Executive Committee and Other Committees.

Restrictions Upon Trustees and Officers.

Removal and Forfeiture of Office of Trustee.

Compensation of Trustees and Officers.

Pensions; Insurance.

Meetings; Quorum; By-Laws; Officers.

Reports to Trustees.

Official Communications From Department of Financial Services to Be Submitted to Trustees and Noted in Minutes.

Examinations by Trustees.

Reports to Superintendent; Penalty for Failure to Make.

Publication and Delivery of Annual Report.

Photographic Reproduction of Records.

Duties of Trustees and Officers.

Prohibition of Unauthorized Savings Banks and Use of the Word "Savings"; Exception as to School Savings.

Charters of All Savings Banks Conformed to This Article.

Amendment of Organization Certificate and By-Laws.

Conversion of a Savings Bank Into a Savings and Loan Association.