Statute · New York Constitution
N.Y. Const. art. X, § 3 — Savings bank charters; restrictions on trustees; special charters not to be granted
N.Y. Const. art. X, § 3
- Type
- Statute
- Source
- New York Constitution
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 3. The legislature shall, by general law, conform all charters of savings banks, savings and loan associations, or institutions for savings, to a uniformity of powers, rights and liabilities, and all charters hereafter granted for such corporations shall be made to conform to such general law,…
Citator
N.Y. Const. art. X, § 3 — Savings bank charters; restrictions on trustees; special charters not to be granted is in force in the current edition of the Code, and nothing recorded condemns it.
§ 3. The legislature shall, by general law, conform all charters of savings banks, savings and loan associations, or institutions for savings, to a uniformity of powers, rights and liabilities, and all charters hereafter granted for such corporations shall be made to conform to such general law, and to such amendments as may be made thereto. The legislature shall have no power to pass any act granting any special charter for banking purposes; but corporations or associations may be formed for such purposes under general laws.