N.Y. Banking Law 443 – Amendment of by-laws
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§ 443. Amendment of by-laws. The by-laws may be altered or amended, from time to time, provided such alterations or amendments shall have first received the written approval of the superintendent and shall thereafter have been duly adopted at a meeting of the directors.
Terms Used In N.Y. Banking Law 443
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
A copy of any such alteration or amendment shall be filed in the office of the superintendent within thirty days after such adoption.