Statute · New York Banking Law
N.Y. Banking Law § 124 — Communications from department of financial services to be submitted to directors and noted in minutes
N.Y. Banking Law § 124
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 124. Communications from department of financial services to be submitted to directors and noted in minutes. Any officer of a bank or trust company who receives from the office of the superintendent an official communication as defined in article two of this chapter shall submit such…
Citator
N.Y. Banking Law § 124 — Communications from department of financial services to be submitted to directors and noted in minutes is in force in the current edition of the Code, and nothing recorded condemns it.
§ 124. Communications from department of financial services to be submitted to directors and noted in minutes. Any officer of a bank or trust company who receives from the office of the superintendent an official communication as defined in article two of this chapter shall submit such communication to the board of directors at the next meeting of such board, and such communication shall be duly noted in the minutes of the meetings of such board.