New York § 405 - 405Annual report to shareholders; delivery and publication
Full text of New York New York Consolidated Laws § 405 — 405Annual report to shareholders; delivery and publication, with citation guidance and answers to common questions.
§ 405. 405Annual report to shareholders; delivery and publication
§ 405. Annual report to shareholders; delivery and publication. Every savings and loan association shall (1) prepare a complete statement of its financial condition, including a summary of income and expense since its last previous statement, and publish the same annually, such publication to be made in the form and manner determined by the superintendent and in accordance with the requirements of this section, (2) mail a copy of such financial statement to each shareholder or depositor on application therefor, and (3) make copies of such financial statement available to depositors, shareholders and other persons in a convenient and conspicuous location on the premises of each of its authorized places of business.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 405
What does New York Consolidated Laws § 405 cover?
Section 405 ("405Annual report to shareholders; delivery and publication") 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 § 405?
A common citation format is "New York Consolidated Laws § 405" (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 § 405 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.