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The Laws of New York
Consolidated Laws of New York
CHAPTER 2
Banking
ARTICLE 10
Savings and Loan Associations
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SECTION 394
Joint shares; shares of minors; shares in trust
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ARTICLE 10
Savings and Loan Associations
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SECTION 396
Change of location; change of designation of principal office; maintenance of branch office
This entry was published on 2014-09-22
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SECTION 395
Alternative provisions relative to payment of interest to shareholders
Banking (BNK) CHAPTER 2, ARTICLE 10
§ 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.