§ 375 Incorporation; Organization Certificate
§ 376 Proposed By-Laws
§ 377 When Corporate Existence Begins
§ 378 Power to Issue Shares; Dues Thereon
§ 378-A Time Deposits
§ 378-B Club Accounts
§ 378-C Excelsior Linked Deposit Program
§ 378-D Preservation of Books and Records
§ 378-E Water Pollution Control Linked Deposit Program
§ 379 Power to Invest in Securities
§ 379-B Service Corporation Owned by Associations; Authorized Activities of Such Corporation; Investment Therein
§ 380 Power to Make Loans
§ 380-A Power to Purchase Mortgage, Loan or Investment
§ 380-B Power to Purchase Mortgages From Mortgage Holders
§ 380-C Power to Participate in Certain Loans and Mortgage Investments
§ 380-E Effect of Usury
§ 380-F Power to Make Advances of Federal Funds
§ 380-G Power to Engage in Line of Credit Financing of Residential Real Estate
§ 380-H Trust Powers
§ 380-I Personal Loan Departments
§ 380-J Authorization to Acquire and Lease Personal Property
§ 380-K Investment in Promissory Notes
§ 380-L Excelsior Linked Deposit Program
§ 380-M Water Pollution Control Linked Deposit Program
§ 381 Power to Take and Hold Real Estate; Restrictions
§ 382 Power to Borrow
§ 382-A Power to Act as Trustee Under Self-Employed Retirement Trust and of Individual Retirement Account; Investment in Savings Account
§ 382-B Power to Issue Certain Obligations
§ 383 Other Powers
§ 383-A Rental of Safe Deposit Boxes
§ 384 Entries in Books; Restrictions; Amortization of Securities
§ 385 Surplus Account
§ 386 Profits; How and When to Be Computed
§ 387 Credits to Surplus Account and Undivided Profits; Dividends to Shareholders
§ 388 Fines and Penalties for Failure to Make Payments On Instalment Shares
§ 389 Matured Shares; Conversion Into Shares of Another Class Upon Notice
§ 390 Withdrawal of Unpledged Shares; Provisions for Dividends
§ 392 Retirement of Shares; Suspension; Transfer
§ 393 Repayment of Mortgage Loans; Application of Pledged Shares
§ 394 Joint Shares; Shares of Minors; Shares in Trust
§ 395 Alternative Provisions Relative to Payment of Interest to Shareholders
§ 396 Change of Location; Change of Designation of Principal Office; Maintenance of Branch Office
§ 396-A Electronic Facilities
§ 396-B Acceptance of United States Currency
§ 397 Number, Qualifications and Disqualifications of Directors; Oath; Quorum; Meeting of Directors
§ 397-A Report to Directors
§ 398 Filling of Vacancies in Board of Directors; Change in Number of Directors
§ 398-A Forfeiture of Office of Director
§ 398-B Duties of Directors and Officers
§ 398-C Executive Committee and Other Committees
§ 399 Restrictions On Directors and Officers
§ 399-A Restrictions On Holding of Certain Offices by Executive Officers of Federal Savings Banks and Federal Savings Associations
§ 400 Pensions; Insurance
§ 401 Official Communications to Be Submitted to Directors and Noted in Minutes
§ 402 Amendment of Articles of Association and By-Laws
§ 403 Examination by Directors
§ 404 Reports to the Superintendent; Penalty for Failure to Make
§ 404-A Photographic Reproduction of Records
§ 405 Annual Report to Shareholders; Delivery and Publication
§ 406 Charters Conformed to This Article; Obligations and Rights Unimpaired; Saving Clause; Applicability to Stock-Form Savings and Loan Associations
§ 407 Exemptions
§ 409 Conversion of a State Savings and Loan Association Into a Federal Savings and Loan Association
§ 410 Conversion of a Federal Savings and Loan Association Into a State Savings and Loan Association
§ 411 Conversion of a Savings and Loan Association or Federal Savings and Loan Association Into a Savings Bank
§ 412 Conversion of Federal Savings Institutions to State Charter
§ 413 Reciprocal Interstate Acquisitions

Terms Used In New York Laws > Banking > Article 10 - Savings and Loan Associations

  • Acid deposition: means the wet or dry deposition from the atmosphere of chemical compounds, usually in the form of rain or snow, having the potential to form an aqueous compound with a pH level lower than the level considered normal under natural conditions, or lower than 5. See N.Y. Environmental Conservation Law 19-0903
  • Act: means the Federal Clean Air Act, 42 U. See N.Y. Environmental Conservation Law 19-0107
  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • Administrator: means the administrator of the United States environmental protection agency. See N.Y. Environmental Conservation Law 19-0107
  • Air contaminant: means a dust, fume, gas, mist, odor, smoke, vapor, pollen, noise or any combination thereof. See N.Y. Environmental Conservation Law 19-0107
  • Air contamination: means the presence in the outdoor atmosphere of one or more air contaminants which contribute or which are likely to contribute to a condition of air pollution. See N.Y. Environmental Conservation Law 19-0107
  • Air contamination source: means any source at, from or by reason of which there is emitted into the atmosphere any air contaminant, regardless of who the person may be who owns or operates the building, premises or other property in, at or on which such source is located or the facility, equipment or other property by which the emission is caused or from which the emission comes. See N.Y. Environmental Conservation Law 19-0107
  • Air pollution: means the presence in the outdoor atmosphere of one or more air contaminants in quantities, of characteristics and of a duration which are injurious to human, plant or animal life or to property or which unreasonably interfere with the comfortable enjoyment of life and property throughout the state or throughout such areas of the state as shall be affected thereby; excluding however all conditions subject to the requirements of the Labor Law and Industrial Code. See N.Y. Environmental Conservation Law 19-0107
  • Allegation: something that someone says happened.
  • Amortization: Paying off a loan by regular installments.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appraisal: A determination of property value.
  • Area of the state: means any county, city, town, village, or other geographical area of the state as may be designated by the department. See N.Y. Environmental Conservation Law 19-0107
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Chambers: A judge's office.
  • Clean fuel vehicle: means a vehicle in a class or category of vehicles which has been certified to meet, for any model year, the clean fuel vehicle standards for clean fuel vehicles specified in this article pursuant to section 7583 of the Act. See N.Y. Environmental Conservation Law 19-0107
  • Coal: means bituminous coal, anthracite coal or lignite. See N.Y. Environmental Conservation Law 19-0903
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Compost: means the biologically stable humus-like material derived from composting or the aerobic, thermophilic decomposition of organic matter. See N.Y. Environmental Conservation Law 17-2101
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Covered fleet: means ten or more motor vehicles which are owned or operated by a single person in an area designated as being a severe ozone non-attainment area by the administrator pursuant to Title I of the Act. See N.Y. Environmental Conservation Law 19-0107
  • Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, to obtain discovery, or to be used later in trial.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Emission: means the release of acid deposition precursors into the atmosphere from any facility or stationary source. See N.Y. Environmental Conservation Law 19-0903
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Environmental threshold value: means a deposition rate, expressed in kilograms of sulfate per hectare per year, at which no significant damaging chemical or biological effects of acid deposition have been reported, and above which there is high probability that such effects would occur. See N.Y. Environmental Conservation Law 19-0903
  • facility: means a steam electric generating facility with a generating capacity of fifty thousand kilowatts or more which burns fossil fuel. See N.Y. Environmental Conservation Law 19-0903
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fertilizer: means the same as "specialty fertilizer" as defined in § 143 of the agriculture and markets law. See N.Y. Environmental Conservation Law 17-2101
  • Final control target: means a limitation, expressed in terms of fuel sulfur content or equivalent emissions reductions, that will reduce the New York state share of total measured or estimated wet sulfate deposition in sensitive receptor areas by the percentage derived according to the following formula:

    (Total measured or estimated New York's contribution to

    wet sulfate deposition) minus total measured or esti-

    (Environmental threshold value) mated wet sulfate deposition,


    _______________________________ expressed as a percentage

    Total measured or estimated

    wet sulfate deposition

    9. See N.Y. Environmental Conservation Law 19-0903

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
    • You are late making a payment or commit some other default, triggering an increase to a penalty rate
    • The bank changes the terms of your account and you do not reject the change.
    • The rate expires (if the rate was fixed for only a certain period of time).
  • Forbearance: A means of handling a delinquent loan. A
  • Fossil fuel: means coal, petroleum products and fuel gases. See N.Y. Environmental Conservation Law 19-0903
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Interim control target: means a limitation, expressed in terms of fuel sulfur content, that achieves a level of sulfur deposition reduction that is approximately forty per centum of the final control target. See N.Y. Environmental Conservation Law 19-0903
  • Least emissions dispatch: means the utilization of the cleanest facility or other stationary source on a priority basis so that less clean facilities or stationary sources are operated at full capacity only when need arises. See N.Y. Environmental Conservation Law 19-0903
  • Major industrial grouping: means all activities belonging to the same major group identified in the Standard Industrial Classification Manual (1987) published by the United States department of commerce. See N.Y. Environmental Conservation Law 19-0107
  • major stationary source: means any stationary source or any group of stationary sources located within a contiguous area and under common control and belonging to a single major industrial grouping that:

    a. See N.Y. Environmental Conservation Law 19-0107

  • Minority leader: See Floor Leaders
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • non-agricultural turf: means any non-crop land area that is covered by any grass species. See N.Y. Environmental Conservation Law 17-2101
  • offset: means emission reductions or emission reduction credits which are required to be obtained by an air contamination source in order to obtain approval for a permit to construct a new air contamination source, or modify an existing air contamination source, in a non-attainment area pursuant to Title I of the Act. See N.Y. Environmental Conservation Law 19-0107
  • Operating permit: means a permit issued pursuant to section 19-0311 of this article. See N.Y. Environmental Conservation Law 19-0107
  • Person: means any individual, public or private corporation, political subdivision, agency, board, department or bureau of the state, municipality, partnership, association, firm, trust, estate or any other legal entity whatsoever which is recognized by law as the subject of rights and duties. See N.Y. Environmental Conservation Law 19-0107
  • Phosphorus fertilizer: means fertilizer in which the available phosphate (P205) content is greater than 0. See N.Y. Environmental Conservation Law 17-2101
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Potential to emit: means the maximum capacity of a stationary source to emit any regulated air contaminant under its physical and operational design. See N.Y. Environmental Conservation Law 19-0107
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Regulated air contaminant: means the following:

    a. See N.Y. Environmental Conservation Law 19-0107

  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Stationary source: means any building, structure, facility or installation that emits or may emit any regulated air contaminant. See N.Y. Environmental Conservation Law 19-0107
  • Stationary source: means any source other than major steam electric generating facilities that emits acid deposition precursors in excess of one hundred tons per year. See N.Y. Environmental Conservation Law 19-0903
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.