Statute · New York Banking Law
N.Y. Banking Law § 402 — Amendment of articles of association and by-laws
N.Y. Banking Law § 402
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 402. Amendment of articles of association and by-laws. Any proposed change in the articles of association, certificate of association, organization certificate or the by-laws of any savings and loan association shall be submitted to the superintendent and, upon the superintendent's written…
Citator
N.Y. Banking Law § 402 — Amendment of articles of association and by-laws is in force in the current edition of the Code, and nothing recorded condemns it.
§ 402. Amendment of articles of association and by-laws. Any proposed change in the articles of association, certificate of association, organization certificate or the by-laws of any savings and loan association shall be submitted to the superintendent and, upon the superintendent's written approval thereof, shall be posted in a conspicuous place in the office of the association for thirty days. Such proposed changes may thereafter be incorporated in the articles of association, certificate of association, organization certificate or the by-laws of the association by being duly adopted by its directors. A copy of such change shall be filed in the office of the superintendent within thirty days after such adoption.