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Code · New York · Banking · Savings Banks

§ 260-A. Amendment of organization certificate and by-laws.

97 words·~1 min read·/ny/banking/savings-banks/260-a·

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§ 260-a. Amendment of organization certificate and by-laws. Any
proposed change in the organization certificate or the by-laws of any
savings bank 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 savings bank for thirty days.
Such proposed changes may thereafter be incorporated in the organization
certificate or the by-laws of the savings bank by being duly adopted by
its trustees. A copy of such change shall be filed in the office of the
superintendent within thirty days after such adoption.
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