New York Code — BNK
Browse 802 sections in division BNK of the New York code. Each section page includes the full statutory text, official source links, and citation guidance.
Sections (showing up to 300)
- § 1. 1Short title
- § 2. 2Definitions
- § 2-A. 2-ALimited liability investment company; definitions
- § 2-B. 2-BLimited liability trust companies; definitions
- § 4. 4Information to be given to social services officials, state department of social services, state department of mental hygiene, the mental...
- § 4-A. 4-ABanks to display signs
- § 4-B. 4-BAdvertising
- § 4-C. 4-CExemptions from certain provisions of chapter
- § 5. 5Loans pursuant to the "Servicemen's Readjustment Act of 1944
- § 6. 6Investment in obligations of housing corporations indirectly guaranteed pursuant to the "Servicemen's Readjustment Act of 1944"
- § 6-A. 6-AInvestment in obligations of certain persons sixty-five years of age or over incurred to satisfy real property tax indebtedness
- § 6-C. 6-CApplication forms to be made available; certain cases
- § 6-D. 6-DRequirement to state in writing reason for denial of mortgage loan
- § 6-E. 6-EGraduated payment mortgages authorized
- § 6-F. 6-FAlternative mortgage instruments made by banks, trust companies, savings banks, savings and loan associations and credit unions
- § 6-G. 6-GOverride of certain provisions of United States Public Law 97-320
- § 6-H. 6-HReverse mortgage loans authorized
- § 6-I. 6-IMortgage loans
- § 6-J. 6-JProof of insurance
- § 6-K. 6-KReal property insurance escrow accounts
- § 6-L. 6-LHigh-cost home loans
- § 6-M. 6-MSubprime home loans
- § 6-N. 6-NResponsibility of banks for mortgages being processed for modification
- § 6-O. 6-OSingle point of contact for modifying delinquent home loans
- § 6-P. 6-PLoan counseling for mortgages guaranteed by the Servicemen's Readjustment Act of 1944
- § 7. 7Payment of dividends or interest upon unclaimed deposits or shares; limitation of charges in connection with savings accounts
- § 8. 8Deposits by custodian designated by administrator of veterans' affairs, or by person certified by social security administration
- § 9. 9Checks drawn against corporate funds or payable to corporations; no notice of defense against or claim to check
- § 9-A. 9-ADefense of ultra vires
- § 9-B. 9-BActions or special proceedings by superintendent or attorney-general
- § 9-C. 9-CSuperintendent's or attorney-general's action for judicial dissolution
- § 9-D. 9-DEnforcement of section two hundred ninety-six-a of the executive law
- § 9-F. 9-FGeographic discrimination in making mortgage loans prohibited
- § 9-G. 9-GRight of set off
- § 9-H. 9-HImposition of service charges prohibited
- § 9-I. 9-IClose-out fees prohibited in certain cases
- § 9-J. 9-JDisposal of records; customer accounts
- § 9-K. 9-KSale of education loans
- § 9-M. 9-MReturn of checks
- § 9-N. 9-NTrust accounts; address of beneficiary
- § 9-O. 9-OMortgage loans; disclosure form
- § 9-P. 9-PAcceptance of certain checks for deposit
- § 9-R. 9-RGeographic restrictions
- § 9-S. 9-SPreauthorized electronic fund transfers
- § 9-T. 9-TUnsolicited mail-loan checks
- § 9-U. 9-UATM transactions by persons using foreign bank accounts
- § 9-V. 9-VSavings promotion prize giveaway
- § 9-W. 9-WStandard financial aid award letter
- § 9-X. 9-XMortgage forbearance
- § 9-Y. 9-YOrder of payment of checks and other debits, insufficient funds charges and return deposit item charges
- § 9-Z. 9-ZCashing of certain checks
- § 10. 10Declaration of policy
- § 11. 11Department of financial services; official documents; destruction of documents; official communications
- § 12-A. 12-APower of state chartered banking institutions to exercise the rights of counterpart federally chartered banking institutions
- § 14. 14Additional powers of the superintendent
- § 14-A. 14-ARate of interest; superintendent of financial services to adopt regulations
- § 14-B. 14-BPower of the superintendent of financial services to prescribe minimum rate of interest on mortgage escrow accounts
- § 14-C. 14-CPower of the superintendent of financial services to prescribe criteria for disclosure of information on savings and time accounts
- § 14-D. 14-DPower of the superintendent of financial services to prescribe a reasonable period of time permitting the drawing on items received for d...
- § 14-E. 14-EPower of the superintendent to authorize the operation of savings banks and savings and loan associations in stock form
- § 14-F. 14-FPower of the superintendent of financial services to require the provision of basic banking services
- § 18. 18Fees for copies and certifications
- § 18-A. 18-AApplication fees
- § 18-B. 18-BHolocaust reparations payment fees
- § 19. 19Assessments for deficiency in reserves against deposits
- § 20. 20Assessments, penalties and forfeitures entitled to priority
- § 21. 21Collection of assessments, penalties and forfeitures; proceedings by attorney general
- § 22. 22Fingerprints
- § 23. 23Acceptance or rejection of certificate; investigation fees
- § 24. 24Investigation by superintendent; refusal or approval; filing certificate
- § 25. 25Authorization certificate; when and to whom issued; contents; filing and recording
- § 25-A. 25-AAuthority of superintendent to file organization certificate and issue authorization certificate under certain conditions
- § 26. 26Licenses to foreign banking corporations; renewal
- § 27. 27Exchange and examination of securities
- § 28. 28Change of location; change of designation of principal office; approval or refusal; certificate
- § 28-A. 28-ATemporary change of location; approval or refusal; certificate
- § 28-B. 28-BCredit needs of local communities
- § 28-BB. 28-BBCredit needs of local communities; mortgage bankers
- § 28-C. 28-CBranch office closings; report to and action by the superintendent
- § 29. 29Branch offices; public accommodation offices; approval or refusal; certificate; investigation fee
- § 30. 30Unclaimed amounts; deposit by superintendent in trust; preference; release of debtor
- § 31. 31Index of persons entitled to unclaimed amounts; payment to persons entitled; deduction of service charge
- § 32. 32Insurance of deposits and share accounts
- § 33. 33Reserve depositaries
- § 34. 34Superintendent as attorney to accept service of process
- § 35. 35Information pamphlet for residential mortgage applicants
- § 36. 36Examinations; right of inspection; penalties for refusing to permit examination
- § 36-A. 36-AReports of lending by banking organizations
- § 36-B. 36-BPreservation of books and records
- § 37. 37Reports to superintendent
- § 37-A. 37-ASubmission of annual reports by the Holocaust claims processing office
- § 38. 38Power of subpoena
- § 39. 39Orders of superintendent
- § 40. 40Revocation of authorization certificate or license or suspension of activities in certain cases
- § 41. 41Removal and prohibition
- § 42. 42Official acts of superintendent and details of department business to be made public
- § 44. 44Violations; penalties
- § 44-A. 44-AViolations and penalties; failure to make reports
- § 45. 45Export finance awareness program
- § 75-A. 75-ALegislative intent
- § 75-B. 75-BDefinitions
- § 75-C. 75-CSecurity measures
- § 75-D. 75-DList of facilities
- § 75-E. 75-EConsumer safety information
- § 75-F. 75-FEnforcement and statistics
- § 75-G. 75-GReport of compliance
- § 75-H. 75-HCompliance with local building code and all other applicable provisions of law
- § 75-I. 75-IFacilities not subject to this article
- § 75-J. 75-JCivil penalties
- § 75-K. 75-KCollection of penalties
- § 75-L. 75-LPreemption
- § 75-M. 75-MVariances and exemptions from automated teller machine security measures
- § 75-N. 75-NRules and regulations
- § 75-O. 75-OSeverability
- § 78. 78Powers with respect to certain crimes and frauds
- § 85. 85Community bank deposit program; purpose
- § 86. 86Eligibility
- § 87. 87Deposits
- § 94. 94Change from bank to trust company; from trust company to bank
- § 96. 96General powers
- § 96-A. 96-AServicing of mortgages by banks
- § 96-B. 96-BPayroll payment by banks or trust companies
- § 96-C. 96-CPower to act as trustee under self-employed retirement trust or individual retirement trust
- § 96-D. 96-DBanking development districts
- § 97. 97Power to purchase securities and stocks
- § 98. 98Power to take and hold real estate; restrictions
- § 98-A. 98-AClub accounts
- § 100. 100Fiduciary powers
- § 100-A. 100-AFiduciary capacities; appointment by court authorized; bond; oath; accounting
- § 100-B. 100-BInvestments as fiduciary; when interest is to be paid; preference
- § 100-C. 100-CCommon trust funds
- § 100-D. 100-DForeign common trust funds
- § 101. 101Additional powers of certain trust companies
- § 102. 102Powers of specially chartered trust companies
- § 102-A. 102-ALimited liability trust companies
- § 103. 103Restrictions on loans, purchases of securities and total liabilities to bank or trust company of any one person
- § 104. 104Entries in books; restrictions; amortization of securities
- § 105. 105Branch offices; prohibition against doing business at unauthorized places
- § 105-A. 105-AElectronic facilities
- § 105-B. 105-BTrust offices
- § 106. 106Deposits by banks and trust companies with other banking corporations and private bankers; restrictions
- § 107. 107Reserves against deposits
- § 107-A. 107-ASecurity for public deposits
- § 108. 108Rates of interest; installment obligations; personal loan departments
- § 108-A. 108-AAcceptance of United States currency
- § 109. 109Closing of books; profits; how to be computed
- § 110. 110Surplus fund; of what composed, and for what purposes used
- § 111. 111Profits; credits to surplus fund and to undivided profits
- § 112. 112Dividends; payable from net profits; restrictions
- § 113. 113Change of location; change of designation of principal office
- § 114. 114Assessment of stockholders to make good impairment of capital stock; sale of stock
- § 121. 121Reports to directors
- § 122. 122Examinations of banks and trust companies by directors; employment of assistants
- § 123. 123Reports of directors' examinations
- § 124. 124Communications from department of financial services to be submitted to directors and noted in minutes
- § 125. 125Reports to superintendent; penalty for failure to make
- § 128. 128Preservation of books and records
- § 129. 129Requirement of notice on withdrawal of certain time deposits; notice to superintendent
- § 129-A. 129-ARequirement of written notification; alternative payment schedules
- § 130. 130Restrictions on officers, directors and employees
- § 131. 131Prohibitions against encroachments upon certain powers of banks and trust companies
- § 132. 132Use of sign, or words, indicating bank or trust company by unauthorized persons prohibited
- § 133. 133Use of banking institution name
- § 134. 134Repayment of deposits standing in the names of minors, trustees or joint depositors; repayment where adverse claim is asserted; interplea...
- § 136. 136Change of national banking association into state bank by conversion or merger
- § 136-A. 136-APurchase of assets of national banking association by bank or trust company
- § 136-B. 136-BApproval of superintendent
- § 136-C. 136-CEffect of merger or conversion of national banking association into state bank
- § 137. 137Change of state bank into national banking association by conversion, merger or consolidation
- § 138. 138Foreign branches; performance of contracts and repayment of deposits
- § 139. 139Saving clause
- § 140-A. 140-AStock option plans
- § 141. 141Definitions
- § 142. 142Limitations on, and regulation of, bank holding companies
- § 142-A. 142-ALimitation on acquisition of newly chartered banking institutions
- § 143. 143Limitations on directors, officers and employees
- § 143-A. 143-AAcquisitions by companies of all the capital stock of banks and trust companies; no change of ultimate control
- § 143-B. 143-BAcquisition by companies of control of banking institutions
- § 145. 145Penalties; restraining orders and injunctions
- § 146. 146Saving provision
- § 147. 147Separability of provisions
- § 150. 150Definitions
- § 151. 151Organization of subsidiary trust companies
- § 152. 152Business of subsidiary trust companies; limitation on powers
- § 153. 153Offices
- § 154. 154Transfer of fiduciary relationships from affiliated banks or trust companies to subsidiary trust companies
- § 155. 155Applicable laws and regulations
- § 160. 160Verified certificate
- § 161. 161Authorization certificate
- § 162. 162Permanent capital; increase or decrease
- § 163. 163Restrictions as to place of business
- § 164. 164Change of location
- § 165. 165Segregation of investments; title to be taken in descriptive name
- § 166. 166Depositors preferred in case of failure or suspension
- § 167. 167Reserves against deposits
- § 168. 168Restrictions on acceptance of deposits and payment of interest
- § 171. 171Repayment of deposits standing in the names of minors, trustees or joint depositors; repayment where adverse claim is asserted; interplea...
- § 172. 172Restrictions on investments
- § 173. 173Rate of interest; effect of usury
- § 174. 174Restrictions on purchases of, and loans on real estate
- § 175. 175Books and records
- § 176. 176Reports required by superintendent; penalty for failure to make
- § 177. 177Official communications from superintendent
- § 178. 178Business of deceased private banker; continuation; liquidation
- § 179. 179Effect of revocation of authorization certificate
- § 180. 180Prohibitions against encroachment upon certain powers of private bankers, savings banks and savings and loan associations
- § 181. 181Exemptions of certain private bankers
- § 190. 190Application of article; definition
- § 191. 191Public accommodation offices authorized
- § 192. 192Location of public accommodation office
- § 193. 193Limitation upon business which may be transacted at public accommodation office
- § 194. 194Public accommodation office not deemed branch office
- § 195. 195Rules, regulations and orders
- § 200. 200When foreign banking corporation may transact business in this state
- § 200-A. 200-AActions maintained by a foreign banking corporation
- § 200-B. 200-BActions maintained against foreign banking corporation; residents; foreign corporations, foreign banking corporations as non-residents
- § 200-C. 200-CMaintenance of books, accounts and records
- § 201. 201Conditions to be complied with by foreign banking corporations applying for initial license
- § 201-A. 201-ARights and privileges of foreign banking corporation under license; effect of revocation
- § 201-B. 201-BFiduciary powers of foreign banking corporations
- § 202. 202Rates of interest; installment obligations; personal loan departments; effect of usury
- § 202-A. 202-ARestrictions on receiving deposits
- § 202-B. 202-BMaintenance of assets in this state
- § 202-C. 202-CReserves against deposits
- § 202-D. 202-DForeign banking corporation may not maintain both agencies and branches in this state
- § 202-F. 202-FRestrictions on loans, purchases of securities and total liabilities of any one person to New York branch or agency of foreign bank
- § 202-G. 202-GSuccession to agency by branch and to branch by agency
- § 202-H. 202-HRepayment of deposits standing in the names of minors, trustees, joint depositors or custodians; interpleader in certain actions
- § 202-I. 202-ISafe deposit business of branches
- § 202-J. 202-JPower to act as trustee under self-employed retirement trust or individual retirement trust
- § 203. 203Change of location, name or business
- § 204. 204Reports of foreign banking corporations; penalties
- § 204-A. 204-APayment of claims by foreign banking corporations where adverse claim is asserted; effect of claims or advices originating in, and statut...
- § 206. 206Termination of existence
- § 207. 207Service of process on unlicensed corporation formed under laws other than the statutes of this state
- § 208. 208Nondiscriminatory treatment of insured state banks and national banks
- § 209. 209Restrictions on executive officers of foreign banking corporations and national banks
- § 210. 210Establishment
- § 211. 211Economic regions
- § 212. 212Purposes, powers and operation
- § 213. 213Board of directors
- § 214. 214Committees
- § 215. 215Membership
- § 216. 216Capital stock
- § 217. 217Surplus, obligations and depositories
- § 218. 218Supervision and reports
- § 219. 219Unissued securities and reorganization
- § 220. 220Participation
- § 221-A. 221-ADoing business without license prohibited
- § 221-B. 221-BDefinitions
- § 221-C. 221-CApplication for license; fees
- § 221-D. 221-DConditions precedent to issuing license; procedure where application denied
- § 221-E. 221-ELicense provisions
- § 221-F. 221-FGrounds for suspension or revocation of license; procedure
- § 221-G. 221-GSuperintendent authorized to examine; expenses
- § 221-H. 221-HLicensee's books and records; reports
- § 221-I. 221-INotice of acquisition of control or merger
- § 221-J. 221-JAuthority of superintendent
- § 221-K. 221-KSeparability of provisions
- § 222. 222Definitions
- § 223. 223Establishment of branches or trust offices by means of an acquisition transaction
- § 223-A. 223-AEstablishment of branches by out-of-state banks by de novo branching
- § 224. 224Application for the establishment of branches or trust offices not resulting from an acquisition transaction; retention of branches or tr...
- § 224-A. 224-AChange of location of branches or trust offices by out-of-state state banks or out-of-state state-chartered trust companies
- § 225. 225Interstate acquisition transactions
- § 225-A. 225-APower of superintendent to examine branches or trust offices of out-of-state state banks or out-of-state state-chartered trust companies
- § 225-B. 225-BApplicability of certain sections to out-of-state banks
- § 226. 226Powers of out-of-state state banks
- § 227. 227Powers permitted to out-of-state branches of New York banks
- § 227-B. 227-BRules and regulations
- § 227-C. 227-CSeparability of provisions
- § 228-A. 228-AEstablishment
- § 228-B. 228-BDefinitions
- § 228-C. 228-CPurposes, powers and operation
- § 228-D. 228-DNew York small business investment company; board of directors
- § 228-E. 228-ENew York specialized small business investment company; board of directors
- § 228-F. 228-FReports
- § 229. 229Application
- § 230. 230Incorporation; organization certificate
- § 232. 232Organization certificate to be submitted to superintendent; proof of publication and service of notice of intention
- § 233. 233When corporate existence begins; conditions precedent to commencing business
- § 234. 234General powers
- § 234-A. 234-ASettlement, modification or readjustment of investment
- § 234-B. 234-BTrust powers
- § 235. 235Investment of funds
- § 235-B. 235-BEffect of usury
- § 235-C. 235-CRegulation of certain charges
- § 235-D. 235-DService corporations owned by savings banks; authorized activities of such corporations; investment therein
- § 236. 236Deposits by savings banks with other banking corporations and private bankers; restrictions
- § 237. 237Deposits with savings banks; restrictions
- § 238. 238Regulations and restrictions as to repayment of deposits
- § 239. 239Repayment of deposits of minors, trust deposits, joint deposits, and deposits adversely claimed; interpleader in certain actions; statute...
- § 239-A. 239-APreservation of books and records
- § 240. 240Restrictions as to place of business; branch offices
- § 240-A. 240-AElectronic facilities
- § 240-B. 240-BAcceptance of United States currency
- § 241. 241Change of location; change of designation of principal office
- § 242. 242Assets; how entered and carried on books; disallowance by superintendent
- § 243. 243Surplus fund
- § 244. 244Earnings; how and when to be computed; transfers to surplus fund