Internal prototype — noindexed, not linked from public navigation yet.

N.Y. BNK Law § 227

This is the official text of N.Y. BNK Law § 227, 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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Powers permitted to out-of-state branches of New York banks

Official statutory text

§ 227. Powers permitted to out-of-state branches of New York banks. A\nNew York bank that opens, occupies and maintains one or more branch\noffices in any state may exercise such powers at such branch or branches\nas would be permitted at such place or places to an out-of-state state\nbank maintaining a branch or branches at such place or places with the\ntype of charter that most nearly corresponds to the charter of such New\nYork bank; provided, however, that prior to exercising in any state any\npower not permitted to be exercised by such New York bank in this state,\nit shall apply to the superintendent to exercise such power and approval\ntherefor shall be given unless the superintendent determines that the\nexercise of such power is contrary to the declaration of policy\ncontained in section ten of this chapter.\n

Status: in_force · Read it on the official government site

Need a lawyer in New York?

Find a New York lawyer
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.