Statute · New York Banking Law
N.Y. Banking Law § 481 — Communications from department of financial services must be submitted to directors and supervisory committee, and noted in the minutes
N.Y. Banking Law § 481
- Type
- Statute
- Source
- New York Banking Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 481. Communications from department of financial services must be submitted to directors and supervisory committee, and noted in the minutes. Every official communication as defined in article two of this chapter directed to a credit union shall be submitted to both the board of directors and…
Citator
N.Y. Banking Law § 481 — Communications from department of financial services must be submitted to directors and supervisory committee, and noted in the minutes is in force in the current edition of the Code, and nothing recorded condemns it.
§ 481. Communications from department of financial services must be submitted to directors and supervisory committee, and noted in the minutes. Every official communication as defined in article two of this chapter directed to a credit union shall be submitted to both the board of directors and the supervisory committee at the next meeting of each such board or committee and duly noted in the minutes of the meeting of such board or committee.