New York § 462 - 462Foreign credit unions
Full text of New York New York Consolidated Laws § 462 — 462Foreign credit unions, with citation guidance and answers to common questions.
§ 462. 462Foreign credit unions
§ 462. Foreign credit unions. Subject to such regulations as the superintendent may adopt, any credit union located in a state other than this state may open and maintain in this state, in any locality in which a substantial portion of its actual or potential membership is employed or residing, one or more stations for the conduct of its business provided that before any such station or stations shall be opened or maintained or removed to a new location: 1. Its board of directors shall submit to the superintendent a written application setting forth the reasons therefor and the proposed location of such station or stations. The application for each such station shall be accompanied by a fee as prescribed pursuant to section eighteen-a of this chapter. 2. The superintendent shall have given his written approval thereto.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 462
What does New York Consolidated Laws § 462 cover?
Section 462 ("462Foreign credit unions") 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 § 462?
A common citation format is "New York Consolidated Laws § 462" (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 § 462 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.