Laws of New York (Last Updated: November 21, 2014) |
BNK Banking |
Article 10. SAVINGS AND LOAN ASSOCIATIONS |
Section 375. Incorporation; organization certificate |
Section 376. Proposed by-laws |
Section 377. When corporate existence begins |
Section 378. Power to issue shares; dues thereon |
Section 378-A. Time deposits |
Section 378-B. Club accounts |
Section 378-C. Excelsior linked deposit program |
Section 378-D. Preservation of books and records |
Section 378-E. Water pollution control linked deposit program |
Section 379. Power to invest in securities |
Section 379-B. Service corporation owned by associations; authorized activities of such corporation; investment therein |
Section 380. Power to make loans |
Section 380-A. Power to purchase mortgage, loan or investment |
Section 380-B. Power to purchase mortgages from mortgage holders |
Section 380-C. Power to participate in certain loans and mortgage investments |
Section 380-E. Effect of usury |
Section 380-F. Power to make advances of federal funds |
Section 380-G. Power to engage in line of credit financing of residential real estate |
Section 380-H. Trust powers |
Section 380-I. Personal loan departments |
Section 380-J. Authorization to acquire and lease personal property |
Section 380-K. Investment in promissory notes |
Section 380-L. Excelsior linked deposit program |
Section 380-M. Water pollution control linked deposit program |
Section 381. Power to take and hold real estate; restrictions |
Section 382. Power to borrow |
Section 382-A. Power to act as trustee under self-employed retirement trust and of individual retirement account; investment in savings account |
Section 382-B. Power to issue certain obligations |
Section 383. Other powers |
Section 383-A. Rental of safe deposit boxes |
Section 384. Entries in books; restrictions; amortization of securities |
Section 385. Surplus account |
Section 386. Profits; how and when to be computed |
Section 387. Credits to surplus account and undivided profits; dividends to shareholders |
Section 388. Fines and penalties for failure to make payments on instalment shares |
Section 389. Matured shares; conversion into shares of another class upon notice |
Section 390. Withdrawal of unpledged shares; provisions for dividends |
Section 392. Retirement of shares; suspension; transfer |
Section 393. Repayment of mortgage loans; application of pledged shares |
Section 394. Joint shares; shares of minors; shares in trust |
Section 395. Alternative provisions relative to payment of interest to shareholders |
Section 396. Change of location; change of designation of principal office; maintenance of branch office |
Section 396-A. Electronic facilities |
Section 396-B. Acceptance of United States currency |
Section 397. Number, qualifications and disqualifications of directors; oath; quorum; meeting of directors |
Section 397-A. Report to directors |
Section 398. Filling of vacancies in board of directors; change in number of directors |
Section 398-A. Forfeiture of office of director |
Section 398-B. Duties of directors and officers |
Section 398-C. Executive committee and other committees |
Section 399. Restrictions on directors and officers |
Section 399-A. Restrictions on holding of certain offices by executive officers of federal savings and loan associations |
Section 400. Pensions; insurance |
Section 401. Official communications to be submitted to directors and noted in minutes |
Section 402. Amendment of articles of association and by-laws; application to supreme court |
Section 403. Examination by directors |
Section 404. Reports to the superintendent; penalty for failure to make |
Section 404-A. Photographic reproduction of records |
Section 405. Annual report to shareholders; delivery and publication |
Section 406. Charters conformed to this article; obligations and rights unimpaired; saving clause; applicability to stock-form savings and loan associations |
Section 407. Exemptions |
Section 409. Conversion of a state savings and loan association into a federal savings and loan association |
Section 410. Conversion of a federal savings and loan association into a state savings and loan association |
Section 411. Conversion of a savings and loan association or federal savings and loan association into a savings bank |
Section 412. Conversion of federal savings institutions to state charter |
Section 413. Reciprocal interstate acquisitions |