N.Y. Comp. Codes R. & Regs. tit. 3, Sup. Proc. CB § 101.2 – Meeting of stockholders; clearance of name. | Midpage
§ Sup. Proc. CB 101.2
N.Y. Comp. Codes R. & Regs. tit. 3, Sup. Proc. CB § 101.2
Meeting of stockholders; clearance of name.
Banking
(a) the plan of conversion should be approved by the vote, in person or by proxy, of the holders of at least 662/3 percent of each class of capital stock of the national banking association at a meeting held in accordance with the requirements of Federal law;* and
(b) the name proposed for the State bank should be submitted to the superintendent for his prior approval.
Before an application for conversion is submitted: