New York § 223-A Establishment of branches by out-of-state banks by de novo branching

New York Statutes

§ 223-A — Establishment of branches by out-of-state banks by de novo branching

New York § 223-A

Law BNKBanking

Art. 5-CInterstate Branching

This text of New York § 223-A (Establishment of branches by out-of-state banks by de novo branching) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Banking § 223-A (2026).

Text

  § 223-a. Establishment of branches by out-of-state banks by de novo\nbranching. In addition to the authority of an out-of-state bank to\nmaintain a branch or branches by means of an acquisition transaction, an\nout-of-state bank may establish one or more de novo branches in this\nstate; provided, however, that an out-of-state state bank shall obtain\nthe superintendent's prior approval in accordance with the requirements\nin section two hundred twenty-four of this chapter.\n

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§ 223-a. Establishment of branches by out-of-state banks by de novo\nbranching. In addition to the authority of an out-of-state bank to\nmaintain a branch or branches by means of an acquisition transaction, an\nout-of-state bank may establish one or more de novo branches in this\nstate; provided, however, that an out-of-state state bank shall obtain\nthe superintendent's prior approval in accordance with the requirements\nin section two hundred twenty-four of this chapter.\n

Nearby Sections

2

§ 223

Establishment of branches or trust offices by means of an acquisition transaction

§ 223-A

Establishment of branches by out-of-state banks by de novo branching

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New York § 223-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/BNK/223-A.