New York § 621 - 621Annual and special reports
Full text of New York New York Consolidated Laws § 621 — 621Annual and special reports, with citation guidance and answers to common questions.
§ 621. 621Annual and special reports
§ 621. Annual and special reports. Within one hundred twenty days after the end of the fiscal year of the corporation, the directors thereof shall submit to the governor, the legislature, the commission and the state comptroller a complete and detailed report setting forth: 1. Its operations and accomplishments during such fiscal year; 2. Its receipts and expenditures during such fiscal year in accordance with categories or classifications established by the corporation for its own operating and capital outlay purposes; 3. Its assets and liabilities at the end of such fiscal year including a schedule of its bonds, notes or other obligations and the status of reserves, depreciation, special, sinking or other funds; 4. Details of branch offices being planned or in the process of being constructed or otherwise established and branch offices that have been constructed or established; 5. Such other information relating to the operations of the corporation as shall be requested by any party receiving such report.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 621
What does New York Consolidated Laws § 621 cover?
Section 621 ("621Annual and special reports") 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 § 621?
A common citation format is "New York Consolidated Laws § 621" (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 § 621 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.