N.Y. Comp. Codes R. & Regs. tit. 3 § 70.2
Current through Register Vol. 46, No. 53, December 31, 2024
The Banking Board may, by a three-fifths vote, grant permission to one or more executive officers of any institution or institutions of a type named in section 70.1 of this Part to be an executive officer, director or trustee, or both an executive officer and a director or trustee, of any other such institution. Such permission may be granted after review by the Banking Board of an application made by such executive officer or officers, or by such an institution which presently has, or is actively considering the election of, one or more such executive officers as an executive officer, director or trustee, or both an executive officer and a director or trustee, of the applying institution.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 70.2