Statute · New York Banking Law
N.Y. Banking Law § 457 — Capital
N.Y. Banking Law § 457
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 457. Capital. The capital of a credit union shall consist of the payments and dividends credited to shareholders on their shares.
Citator
N.Y. Banking Law § 457 — Capital is in force in the current edition of the Code, and nothing recorded condemns it.
§ 457. Capital. The capital of a credit union shall consist of the payments and dividends credited to shareholders on their shares.