New York § 153 - 153Offices
Full text of New York New York Consolidated Laws § 153 — 153Offices, with citation guidance and answers to common questions.
§ 153. 153Offices
§ 153. Offices. Notwithstanding the provisions of sections twenty-nine and one hundred five of this chapter, (a) a subsidiary trust company may open and occupy a trust office, including its principal office, at any one or more locations in the state of New York at which the owning bank holding company, any affiliated bank, or any affiliated trust company has a banking office, and (b) an affiliated trust company may open and occupy a trust office at the location in the state at which such subsidiary trust company has its principal office. A subsidiary trust company or an affiliated trust company, as the case may be, which proposes to open and occupy a trust office pursuant to this section shall make written application to the superintendent for leave to do so in the manner provided in section twenty-nine of this chapter with respect to branch offices and shall pay the investigation fee specified therein.
Frequently Asked Questions About New York § 153
What does New York Consolidated Laws § 153 cover?
Section 153 ("153Offices") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 153?
A common citation format is "New York Consolidated Laws § 153" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 153 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.