§ 222. Definitions. In this article, the following definitions shall apply: 1. The term “out-of-state bank” means an out-of-state state bank, an out-of-state national bank, or an out-of-state federal savings association. 2. The term “out-of-state state bank” means a state bank, as such term is defined in section 3(a)(2) of the Federal Deposit Insurance Act […]
§ 223. Establishment of branches or trust offices by means of an acquisition transaction. An out-of-state bank may maintain one or more branches or one or more trust offices located in this state that have been acquired by means of an acquisition transaction.
§ 223-a. Establishment of branches by out-of-state banks by de novo branching. In addition to the authority of an out-of-state bank to maintain a branch or branches by means of an acquisition transaction, an out-of-state bank may establish one or more de novo branches in this state; provided, however, that an out-of-state state bank shall […]
§ 224. Application for the establishment of branches or trust offices not resulting from an acquisition transaction; retention of branches or trust offices resulting from merger or acquisition. 1. An application for approval to the superintendent containing such information as he or she deems necessary shall be submitted by an out-of-state state bank prior to […]
§ 224-a. Change of location of branches or trust offices by out-of-state state banks or out-of-state state-chartered trust companies. An application for approval containing such information as the superintendent deems necessary shall be submitted by an out-of-state state bank or an out-of-state state-chartered trust company prior to the relocation of a branch or trust office […]
§ 225. Interstate acquisition transactions. 1. An out-of-state bank may engage in an acquisition transaction with a New York bank or with a banking institution located in New York and may maintain as a branch or branches or trust office or trust offices, the branches or trust offices, respectively, of any such New York bank […]
§ 225-a. Power of superintendent to examine branches or trust offices of out-of-state state banks or out-of-state state-chartered trust companies. The superintendent shall have the power at any time in his or her discretion to examine every branch or trust office located in this state of an out-of-state state bank or out-of-state state-chartered trust company […]
§ 225-b. Applicability of certain sections to out-of-state banks. 1. Except as otherwise provided in this section, nothing in article five or article five-B of this chapter shall apply to an out-of-state bank or out-of-state trust company authorized to open, occupy and maintain a branch pursuant to the provisions of this article or a trust […]
§ 226. Powers of out-of-state state banks. An out-of-state state bank that opens, occupies or maintains a branch in this state as authorized by this article shall have in this state the same powers under the laws of this state as a like-type banking organization.
§ 227. Powers permitted to out-of-state branches of New York banks. A New York bank that opens, occupies and maintains one or more branch offices in any state may exercise such powers at such branch or branches as would be permitted at such place or places to an out-of-state state bank maintaining a branch or […]
§ 227-b. Rules and regulations. The superintendent shall have the authority to promulgate such rules and regulations consistent with the purposes of this article, including but not limited to such rules and regulations as may define the terms used in this article and as may be necessary or appropriate to interpret, implement or enforce the […]
§ 227-c. Separability of provisions. If any provision of this article, or the application of such provision to any person or circumstance shall be held invalid, the remainder of this article, and the application of such provisions thereof to persons or circumstances other than those as to which it is held invalid, shall not be […]
