Section 225-B. Applicability of certain sections to out-of-state banks

Except as otherwise provided in this section, nothing in article five or
  article five-B of this chapter  shall  apply  to  an  out-of-state  bank
  authorized  to  open,  occupy  and  maintain  a  branch  pursuant to the
  provisions of this article. Any reference in this chapter (other than in
  article five or article five-B) to a foreign bank,  foreign  corporation
  or  foreign  banking corporation shall be deemed to be a reference to an
  out-of-state bank authorized to  open,  occupy  and  maintain  a  branch
  pursuant  to  the  provisions  of  this  article.    Notwithstanding the
  foregoing, (a) the provisions of sections two hundred  two-h  (Repayment
  of  deposits standing in the names of minors, trustees, joint depositors
  or custodians; interpleader  in  certain  actions),  two  hundred  three
  (Change  of location, name or business) and two hundred four (Reports of
  foreign banking corporations; penalties) of  this  chapter  shall  apply
  with  equal  force  and effect to out-of-state banks authorized to open,
  occupy or maintain branches pursuant to the provisions of this  article;
  and   (b)   the  provisions  of  section  three  hundred  ninety-nine-a,
  subdivision three of section one hundred thirty,  subdivision  three  of
  section one hundred forty-three, subdivision five of section two hundred
  forty-seven and subdivision five of section three hundred ninety-nine of
  this  chapter  with  respect  to  restrictions  on executive officers or
  directors of foreign banking corporations and the provisions of sections
  twenty, twenty-six, thirty,  thirty-one  and  six  hundred  thirty-four,
  subdivision  two  of section thirteen, subdivisions eleven and twelve of
  section six hundred five, subdivision four of section  six  hundred  six
  and  paragraph  (a)  of  subdivision  one  of  section  fourteen of this
  chapter, shall not apply  to  out-of-state  banks  authorized  to  open,
  occupy or maintain branches pursuant to the provisions of this article.