2010 New York Code
BNK - Banking
Article 10 - (375 - 413) SAVINGS AND LOAN ASSOCIATIONS
402 - Amendment of articles of association and by-laws; application to supreme court.

§ 402. Amendment  of articles of association and by-laws; application to
           supreme court.
    1. Any proposed change in the articles of association, certificate  of
  association,  organization certificate or the by-laws of any savings and
  loan association shall be submitted to the superintendent and, upon  the
  superintendent's   written  approval  thereof,  shall  be  posted  in  a
  conspicuous place in the office of the association for thirty days. Such
  proposed changes may thereafter  be  incorporated  in  the  articles  of
  association, certificate of association, organization certificate or the
  by-laws  of  the  association  by being duly adopted by its directors. A
  copy of such change shall be filed in the office of  the  superintendent
  within thirty days after such adoption.
    2.  Any  association  may, upon notice to the superintendent, apply to
  any justice of the supreme court of the district wherein  the  principal
  office   of   such   association   is  located,  for  a  review  of  the
  superintendent's refusal to approve any proposed change in its  articles
  of  association, certificate of association, organization certificate or
  by-laws. Any proposed change approved by such court may be  incorporated
  in the articles of association, certificate of association, organization
  certificate  or the by-laws of such association by being duly adopted by
  its directors. A copy of such change shall be filed in the office of the
  superintendent within thirty days after such adoption.