N.Y. Comp. Codes R. & Regs. tit. 3 § 50.60

Current through Register Vol. 46, No. 53, December 31, 2024
Section 50.60 - Action of board of directors

The board of directors of the mutual trust investment company, in its discretion, may direct by resolution the termination of the corporation. A copy of such resolution, certified by the secretary of the mutual trust investment company, shall be transmitted to the superintendent within two bank business days after it adoption.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 50.60