State Codes and Statutes

Statutes > New-york > Bnk > Article-6 > 229

§ 229. Application.    1.  This  article applies to every savings bank and shall not apply to  any other banking organization except to such extent, if any, as may  be  specified  in  any  article  of  this  chapter  governing  such  banking  organization; provided, however, that in the case of stock-form  savings  banks,  this  article applies to every such organization except that the  banking board, consistent with the declaration of  policy  described  in  section   fourteen-e  of  this  chapter,  shall  be  empowered  to  deem  inapplicable to stock-form savings banks, sections two  hundred  thirty,  two   hundred   thirty-one,   two   hundred   thirty-two,   two  hundred  thirty-three,  subdivisions  one  and  two  of   section   two   hundred  thirty-four,  two  hundred  forty-three,  two  hundred  forty-four,  two  hundred forty-five, two hundred forty-six, two hundred forty-six-a,  two  hundred  forty-seven,  two  hundred forty-eight, two hundred forty-nine,  two hundred fifty, two hundred fifty-one and two  hundred  fifty-two  of  this chapter.    2.  The  general  corporation  law,  the stock corporation law and the  business corporation law shall not apply to any savings bank.  If  there  should  be  in  any other corporate law a provision which conflicts with  any provision of this chapter,  the  provision  of  this  chapter  shall  prevail  and the conflicting provision of such other corporate law shall  not apply in such case.

State Codes and Statutes

Statutes > New-york > Bnk > Article-6 > 229

§ 229. Application.    1.  This  article applies to every savings bank and shall not apply to  any other banking organization except to such extent, if any, as may  be  specified  in  any  article  of  this  chapter  governing  such  banking  organization; provided, however, that in the case of stock-form  savings  banks,  this  article applies to every such organization except that the  banking board, consistent with the declaration of  policy  described  in  section   fourteen-e  of  this  chapter,  shall  be  empowered  to  deem  inapplicable to stock-form savings banks, sections two  hundred  thirty,  two   hundred   thirty-one,   two   hundred   thirty-two,   two  hundred  thirty-three,  subdivisions  one  and  two  of   section   two   hundred  thirty-four,  two  hundred  forty-three,  two  hundred  forty-four,  two  hundred forty-five, two hundred forty-six, two hundred forty-six-a,  two  hundred  forty-seven,  two  hundred forty-eight, two hundred forty-nine,  two hundred fifty, two hundred fifty-one and two  hundred  fifty-two  of  this chapter.    2.  The  general  corporation  law,  the stock corporation law and the  business corporation law shall not apply to any savings bank.  If  there  should  be  in  any other corporate law a provision which conflicts with  any provision of this chapter,  the  provision  of  this  chapter  shall  prevail  and the conflicting provision of such other corporate law shall  not apply in such case.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Bnk > Article-6 > 229

§ 229. Application.    1.  This  article applies to every savings bank and shall not apply to  any other banking organization except to such extent, if any, as may  be  specified  in  any  article  of  this  chapter  governing  such  banking  organization; provided, however, that in the case of stock-form  savings  banks,  this  article applies to every such organization except that the  banking board, consistent with the declaration of  policy  described  in  section   fourteen-e  of  this  chapter,  shall  be  empowered  to  deem  inapplicable to stock-form savings banks, sections two  hundred  thirty,  two   hundred   thirty-one,   two   hundred   thirty-two,   two  hundred  thirty-three,  subdivisions  one  and  two  of   section   two   hundred  thirty-four,  two  hundred  forty-three,  two  hundred  forty-four,  two  hundred forty-five, two hundred forty-six, two hundred forty-six-a,  two  hundred  forty-seven,  two  hundred forty-eight, two hundred forty-nine,  two hundred fifty, two hundred fifty-one and two  hundred  fifty-two  of  this chapter.    2.  The  general  corporation  law,  the stock corporation law and the  business corporation law shall not apply to any savings bank.  If  there  should  be  in  any other corporate law a provision which conflicts with  any provision of this chapter,  the  provision  of  this  chapter  shall  prevail  and the conflicting provision of such other corporate law shall  not apply in such case.