N.Y. Comp. Codes R. & Regs. tit. 3 § 26.5

Current through Register Vol. 46, No. 53, December 31, 2024

Section 26.5 - Notice to stockholders

The following information shall accompany the notice given to stockholders of the stockholders' meeting to be held for the purpose of approving a plan:

(a) a copy of the plan;

(b) comparative earnings statements of the bank, in tabular form, for each of the last five calendar years and for the current year, inclusive of the quarterly period preceding such notice;

(c) comparative balance sheets of the bank, in tabular form, for each of the last five calendar years and for the current year, inclusive of the quarterly period preceding such notice;

(d) the current annual compensation of each of the bank's two highest paid officers and the current annual aggregate compensation of all the bank's officers;

(e) any options previously granted by the bank to its officers or employees;

(f) a statement to the effect that the superintendent's preliminary review of the plan implies neither approval nor disapproval of the plan's contents;

(g) such other information as may be required by the superintendent; and

(h) such other information as may be required by applicable law or regulation.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 26.5