Connor v. Siebert
This text of 83 A.D.2d 698 (Connor v. Siebert) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Appeals from orders and judgments of the Supreme Court at Special Term (Pitt, J.), entered September 30,1980 in Columbia County, which granted plaintiffs’ motions for summary judgment declaring the provisions of section 246 (subd 1, par [c], cl [ii]) of the Banking Law unconstitutional and enjoining defendant from enforcing its provisions. Plaintiffs were both trustees of the Hudson City Savings Institution and approaching the age of 75 when they commenced separate actions seeking, [699]*699inter alia, a declaration that section 246 (subd 1, par [c], cl [ii]) of the Banking Law is unconstitutional. The statute in question mandates the retirement of all savings bank trustees upon their reaching 75 years of age if so provided by bank by-law.
If a savings bank does not adopt a by-law prescribing a mandatory retirement age, trustees must retire upon reaching the age of 70 (Banking Law, § 246, subd 1, par [d]).
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Cite This Page — Counsel Stack
83 A.D.2d 698, 442 N.Y.S.2d 599, 1981 N.Y. App. Div. LEXIS 15014, Counsel Stack Legal Research, https://law.counselstack.com/opinion/connor-v-siebert-nyappdiv-1981.