New York Banking Law Article 6-C - MUTUAL HOLDING COMPANIES

• 290 - Authorization of the Formation of Mutual Holding Companies.
  1. Notwithstanding any other provision of law, and in accordance with general regulations which the superintendent of financial services shall promulgate to facilitate such reorganizations,...
• 291 - Required Approvals.
  1. A reorganization of a mutual savings bank pursuant to this article shall be approved by a majority of the board of trustees of the...
• 292 - Formation of a Mutual Holding Company.
  1. The plan of reorganization may authorize the formation of a mutual holding company by: (a) (i) the organization by the mutual holding company of...
• 293 - Mutual Holding Company Powers.
  1. Upon the formation of a mutual holding company by a mutual savings bank: (a) except as provided pursuant to the provisions of subdivision two...
• 294 - Conversion of Mutual Holding Company Into Stock Holding Company.
  1. If approved by the superintendent, a mutual holding company may convert to a stock holding company in accordance with general regulations promulgated by the...

Last modified: February 3, 2019