N.Y. Comp. Codes R. & Regs. tit. 3, § 26.2 – Requirement of superintendent's approval. | Midpage
§ 26.2
N.Y. Comp. Codes R. & Regs. tit. 3, § 26.2
Requirement of superintendent's approval.
Banking
No option granted by any bank shall become effective and no shares shall be issued or purchased pursuant to any plan until the superintendent has given final approval to such plan upon application therefor.