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N.Y. BNK Law § 151

This is the official text of N.Y. BNK Law § 151, 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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Organization of subsidiary trust companies

Official statutory text

§ 151. Organization of subsidiary trust companies. A subsidiary trust\ncompany shall be organized in accordance with the provisions of this\nchapter relating to the organization of trust companies. All of the\noutstanding voting stock of a subsidiary trust company shall be owned by\na bank holding company.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.