New York Banking Law Section 402 - Amendment of articles of association and by-laws.

402. Amendment  of  articles  of association and by-laws. Any proposed
  change in the  articles  of  association,  certificate  of  association,
  organization  certificate  or  the  by-laws  of  any  savings  and  loan
  association shall be submitted  to  the  superintendent  and,  upon  the
  superintendent's   written  approval  thereof,  shall  be  posted  in  a
  conspicuous place in the office of the association for thirty days. Such
  proposed changes may thereafter  be  incorporated  in  the  articles  of
  association, certificate of association, organization certificate or the
  by-laws  of  the  association  by being duly adopted by its directors. A
  copy of such change shall be filed in the office of  the  superintendent
  within thirty days after such adoption.


Last modified: February 3, 2019