2006 New York Code - Laws: Banking : (229 - 260-b) Savings Banks

Article 6 - SAVINGS BANKS
229 - Application.
230 - Incorporation; organization certificate.
232 - Organization certificate to be submitted to superintendent; proof of publication and service of notice of intention.
233 - When corporate existence begins; conditions precedent to commencing business.
234 - General powers.
234-A - Settlement, modification or readjustment of investment.
234-B - Trust powers.
235 - Investment of funds.
235-B - Effect of usury.
235-C - Regulation of certain charges.
235-D - Service corporations owned by savings banks; authorized activities of such corporations; investment therein.
236 - Deposits by savings banks with other banking corporations and private bankers; restrictions.
237 - Deposits with savings banks; restrictions.
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
239-A - Preservation of books and records.
240 - Restrictions as to place of business; branch offices.
240-A - Electronic facilities.
240-B - Acceptance of United States currency.
241 - Change of location; change of designation of principal office.
242 - Assets; how entered and carried on books; disallowance by superintendent.
243 - Surplus fund.
244 - Earnings; how and when to be computed; transfers to surplus fund.
245 - Interest payments.
246 - Board of trustees; number; vacancies; qualifications; oath and declaration.
246-A - Executive committee and other committees.
247 - Restrictions upon trustees and officers.
248 - Removal and forfeiture of office of trustee.
249 - Compensation of trustees and officers.
250 - Pensions; insurance.
251 - Meetings; quorum; by-laws; officers.
252 - Reports to trustees.
253 - Official communications from banking department to be submitted to trustees and noted in minutes.
254 - Examinations by trustees.
255 - Reports to superintendent; penalty for failure to make.
255-A - Publication and delivery of annual report.
256 - Photographic reproduction of records.
257 - Duties of trustees and officers.
258 - Prohibition of unauthorized savings banks and use of the word "savings"; exception as to school savings.
260 - Charters of all savings banks conformed to this article.
260-B - Conversion of a savings bank into a savings and loan association.