N.Y. BNK Law § 405
This is the official text of N.Y. BNK Law § 405, 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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Annual report to shareholders; delivery and publication
Official statutory text
§ 405. Annual report to shareholders; delivery and publication. Every\nsavings and loan association shall (1) prepare a complete statement of\nits financial condition, including a summary of income and expense since\nits last previous statement, and publish the same annually, such\npublication to be made in the form and manner determined by the\nsuperintendent and in accordance with the requirements of this section,\n(2) mail a copy of such financial statement to each shareholder or\ndepositor on application therefor, and (3) make copies of such financial\nstatement available to depositors, shareholders and other persons in a\nconvenient and conspicuous location on the premises of each of its\nauthorized places of business.\n
Status: in_force · Read it on the official government site
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