N.Y. Comp. Codes R. & Regs. tit. 3 § 118.1

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

Section 118.1 - General information

(a) Within 180 days after becoming a bank holding company, as defined in Banking Law, section 141(3), such company shall file a registration statement with the Superintendent of Banks, providing the following information:

(1) mailing address of the bank holding company to be used in the future (if different from that provided in the application);

(2) date of fiscal year-end of the bank holding company;

(3) parent-only balance sheet of the bank holding company as of the close of business on the date of consummation (balance sheet should be prepared in accordance with generally accepted accounting principles);

(4) number and percent of each class of voting shares of the banks and nonbank subsidiaries owned by the bank holding company at the time of registration;

(5) list of changes, if any, in directors and principal officers and shareholders of the bank holding company since the bank holding company application was filed;

(6) a copy of organization documents of the bank holding company (charters, by-laws, articles of incorporation, trust agreements, etc.), certified by its secretary or other authorized officer, and notarized; and

(7) an organization chart, showing the relationships among the banks, the nonbank subsidiaries, and the parent.

(b) All bank holding companies planning to submit a registration statement are requested to communicate with the New York State Banking Department, Domestic Commercial Banks Division, Foreign Commercial Banks Division or Thrift Institutions Division, as the case may be, in advance of filing of such registration statements, to ascertain if any special registration requirements are necessary.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 118.1