N.Y. Banking Law 4-C – Exemptions from certain provisions of chapter
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§ 4-c. Exemptions from certain provisions of chapter. Any uninsured banking organization whose assets are in excess of two hundred million dollars shall be exempt from compliance with the provisions of sections four-a, four-b and four-c of this chapter unless otherwise directed by the superintendent.
Terms Used In N.Y. Banking Law 4-C
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.