2006 New York Code - Laws: Banking : (450 - 487-a) Credit Unions

Article 11 - CREDIT UNIONS
450 - Incorporation; organization certificate.
450-A - Designation of low income credit union.
450-B - Designation of student branches.
451 - Proposed bylaws.
452 - When corporate existence begins; conditions precedent to commencing business.
453 - Corporate credit unions.
454 - General powers.
455 - Trust powers.
456 - Limitaions upon powers.
457 - Capital.
458-A - Maintenance of reserves.
459 - Allowance for loan loss.
460 - Dividends to shareholders; conditions precedent.
461 - Change of location; estblishment of stations; extension or revival of corporate existence.
462 - Foreign credit unions.
463 - Exemptions and individual liability of shareholders.
464 - Manner of withdrawal; expulsion or suspension of members; effect upon liablities to credit unions.
465 - Withdrawal of shares after voting to liquidate; notices to shareholders.
466 - Meetings of shareholders; voting.
467 - Qualifications and disqualifications of directors and committee members.
468 - Oaths of directors; officers and members of committees.
469 - Vacancies; change in number of directors.
470 - Powers and duties of directors; not entitled to compensation; disqualification of directors.
471 - Duty of directors and officers.
472 - Special duties of directors.
473 - Loan officers, credit committee; duties.
474 - Loan reports to directors.
475 - Supervisory committee; powers and duties.
476 - Officers; powers and duties.
477 - Pensions and insurance for employees.
478 - Amendment of bylaws; approval of superintendent.
479 - Credit union not liable for taxation.
480 - Fiscal year.
481 - Communications from bankng department must be submitted to directors and supervisory committee, and noted in the minutes.
482 - Reports to superintendent; penalty for failure to make.
483 - Penalty for loans to non-members; recovery.
484 - Penality for use of term "credit union".
485 - Entries in books; preservation of records.
486 - Conversion of a federal credit union into a state credit union.
487 - Conversion of a credit union into a federal credit union.
487-A - Conversion of a credit union into a mutual savings bank.