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2017 New York Laws
BNK - Banking
Article 6 - Savings Banks
241 - Change of Location; Change of Designation of Principal Office.

Universal Citation: NY Banking L § 241 (2017)
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 241.  Change of location; change of designation of principal office.
  Any savings bank may make a written application to  the  superintendent,
  such application to be accompanied by an investigation fee as prescribed
  pursuant  to section eighteen-a of this chapter, for leave to change its
  place or one of its places of business to another place in the state  or
  for  leave to change the designation of its principal office to a branch
  office and to change the designation of one of its branch offices to its
  principal office. This application shall  state  the  reasons  for  such
  proposed  change.  Such  change may be made upon the written approval of
  the superintendent.  If  the  superintendent  shall  grant  his  or  her
  certificate  authorizing  the change of location, as provided in article
  two of this chapter, the  savings  bank  may,  upon  or  after  the  day
  specified  in  the  certificate,  remove its property and effects to the
  location designated therein.

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