2015 New York Laws
BNK - Banking
Article 10 - (Banking) SAVINGS AND LOAN ASSOCIATIONS
412 - Conversion of federal savings institutions to state charter.

  412.  Conversion  of federal savings institutions to state charter.
  The superintendent is authorized to promulgate such regulations  as  are
  necessary to permit the conversion of any federal savings association or
  federal  savings  and  loan  association  to  state  charter  where such
  conversion is not otherwise governed by the provisions of this  chapter.
  Subject   to  the  foregoing,  such  regulations  may  provide  for  the
  conversion of a federal savings association or federal savings and  loan
  association,  whether  in  mutual  or stock form, into a state-chartered
  savings bank  or  state-chartered  savings  and  loan  association.  The
  federal savings association shall submit a written plan of conversion to
  the  superintendent,  together  with  an investigation fee as prescribed
  pursuant to section eighteen-a of this chapter.