Statute · New York Banking Law

N.Y. Banking Law § 151 — Organization of subsidiary trust companies

N.Y. Banking Law § 151

Type
Statute
Source
New York Banking Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 151. Organization of subsidiary trust companies. A subsidiary trust company shall be organized in accordance with the provisions of this chapter relating to the organization of trust companies. All of the outstanding voting stock of a subsidiary trust company shall be owned by a bank holding…

Citator

N.Y. Banking Law § 151 — Organization of subsidiary trust companies is in force in the current edition of the Code, and nothing recorded condemns it.

§ 151. Organization of subsidiary trust companies. A subsidiary trust company shall be organized in accordance with the provisions of this chapter relating to the organization of trust companies. All of the outstanding voting stock of a subsidiary trust company shall be owned by a bank holding company.