N.Y. BNK Law § 124
This is the official text of N.Y. BNK Law § 124, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.
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Communications from department of financial services to be submitted to directors and noted in minutes
Official statutory text
§ 124. Communications from department of financial services to be\nsubmitted to directors and noted in minutes. Any officer of a bank or\ntrust company who receives from the office of the superintendent an\nofficial communication as defined in article two of this chapter shall\nsubmit such communication to the board of directors at the next meeting\nof such board, and such communication shall be duly noted in the minutes\nof the meetings of such board.\n
Status: in_force · Read it on the official government site
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