Statute · New York Banking Law
N.Y. Banking Law § 395 — Alternative provisions relative to payment of interest to shareholders
N.Y. Banking Law § 395
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 395. Alternative provisions relative to payment of interest to shareholders. Notwithstanding any provision of this chapter to the contrary the superintendent may adopt such rules or regulations as shall permit mutual savings and loan associations to pay interest on share accounts at the option…
Citator
N.Y. Banking Law § 395 — Alternative provisions relative to payment of interest to shareholders is in force in the current edition of the Code, and nothing recorded condemns it.
§ 395. Alternative provisions relative to payment of interest to shareholders. Notwithstanding any provision of this chapter to the contrary the superintendent may adopt such rules or regulations as shall permit mutual savings and loan associations to pay interest on share accounts at the option of such association.