N.Y. Banking Law § 395

Current through 2024 NY Law Chapters 1-59 and 61-121

Section 395 - Alternative provisions relative to payment of interest to shareholders

Notwithstanding any provision of this chapter to the contrary the superintendent may adopt such rules or regulations as shall permit mutual savings and loan associations to pay interest on share accounts at the option of such association.

N.Y. BankingLaw § 395