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NY S05478

Bill

Official Source

Status

Passed

8/17/2011

Primary Sponsor

Joseph Griffo

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Extends the expiration date of Chapter 526 of the 1998 laws (banking development districts program) from January 1, 2012 to January 1, 2017
  • Allows branches established prior to expiration in banking development districts by savings banks, savings and loan associations, federal savings banks, or federal savings and loan associations to continue operating under the program after the expiration date
  • Branches established before expiration remain eligible for all rights and privileges authorized under the program
  • Takes effect immediately upon enactment

Legislative Description

Extends date of certain provisions relating to participation in the banking development districts program to January 1, 2017.

Last Action

SIGNED CHAP.484

8/17/2011

Committee Referrals

Banks6/13/2011
Banks5/25/2011

Full Bill Text

No bill text available