New York § 404 - 404Reports to the superintendent; penalty for failure to make
Full text of New York New York Consolidated Laws § 404 — 404Reports to the superintendent; penalty for failure to make, with citation guidance and answers to common questions.
§ 404. 404Reports to the superintendent; penalty for failure to make
§ 404. Reports to the superintendent; penalty for failure to make. 1. On or before the first day in February in each year, every savings and loan association shall make a written report to the superintendent which shall contain a statement of its condition as of the morning of the first day of January in such year. Such report shall contain such information and be in such form as the superintendent may prescribe and shall be subscribed and affirmed as true under the penalties of perjury by the president or a vice-president and another principal officer. 2. Every such association shall also make such other special reports to the superintendent as he may from time to time require, in such form and at such date as may be prescribed by him and such reports shall, if required by him, be subscribed and affirmed as true under the penalties of perjury. 3. If any such association shall fail to make any report required by or pursuant to this section on or before the day designated for the making thereof, or shall fail to include therein any information required by the superintendent to be included, such association shall forfeit to the people of the state an amount as determined pursuant to section forty-four-a of this chapter for every day that such report shall be delayed or withheld, and for every day that it shall fail to report any such omitted information, unless the time therefor shall have been extended by the superintendent.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 404
What does New York Consolidated Laws § 404 cover?
Section 404 ("404Reports to the superintendent; penalty for failure to make") 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 § 404?
A common citation format is "New York Consolidated Laws § 404" (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 § 404 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.