N.Y. Comp. Codes R. & Regs. tit. 3 § 101.4

Current through Register Vol. 46, No. 43, October 23, 2024

Section 101.4 - Documents required

The following documents should be submitted as part of the application:

(a) Five executed copies of the plan of conversion, signed in accordance with section 1003 (4) of the Banking Law, setting forth the terms and conditions of the conversion, the mode of carrying it into effect and the names of the persons proposed as the principal officers of the State bank. (Pursuant to Banking Law, section 105[5][a], such plan should stipulate which offices of the converted institution will be continued by it and show the officially designated address of each such office.)

(b) Five executed copies of the organization certificate in the form required by Banking Law, section 4001.

(c) Minutes of the meeting of stockholders of the national banking association authorizing the conversion, including the notice of meeting and proxy material submitted to stockholders, certified by the presiding officer and the secretary of the meeting and otherwise in accordance with the requirements of Federal law.[FN*]

(d) Five executed copies of a certification by the president, secretary or cashier of the national banking association that all steps have been taken which are necessary under Federal law to consummate the conversion.

[FN*] 12 U.S.C. § 214(a).

N.Y. Comp. Codes R. & Regs. Tit. 3 § 101.4