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2013 New York Consolidated Laws
BNK - Banking
Article 8 - (317 - 330) SAFE DEPOSIT COMPANIES.
318 - Branch offices.


NY Banking L § 318 (2012) What's This?
 
    § 318.  Branch  offices.  Any safe deposit company having a capital of
  one hundred thousand  dollars  or  more  may,  in  accordance  with  the
  provisions  of  article  two  of  this chapter, be permitted to open and
  maintain a branch office or branch offices in the city or village  where
  its principal office is located.
    Any  safe  deposit  company  having  a capital of one hundred thousand
  dollars or more, the majority of stock of which is owned  by  any  other
  banking  organization  or  a  national  bank may, in accordance with the
  provisions of article two of this chapter,  be  permitted  to  open  and
  maintain   a   branch  office  at  a  location  at  which  such  banking
  organization or national bank is maintaining a  duly  authorized  branch
  office.

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