N.Y. BNK Law § 318
This is the official text of N.Y. BNK Law § 318, 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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Branch offices
Official statutory text
§ 318. Branch offices. Any safe deposit company having a capital of\none hundred thousand dollars or more may, in accordance with the\nprovisions of article two of this chapter, be permitted to open and\nmaintain a branch office or branch offices in the city or village where\nits principal office is located.\n Any safe deposit company having a capital of one hundred thousand\ndollars or more, the majority of stock of which is owned by any other\nbanking organization or a national bank may, in accordance with the\nprovisions of article two of this chapter, be permitted to open and\nmaintain a branch office at a location at which such banking\norganization or national bank is maintaining a duly authorized branch\noffice.\n
Status: in_force · Read it on the official government site
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