§ 94 Change From Bank to Trust Company; From Trust Company to Bank
§ 96 General Powers
§ 96-A Servicing of Mortgages by Banks
§ 96-B Payroll Payment by Banks or Trust Companies
§ 96-C Power to Act as Trustee Under Self-Employed Retirement Trust or Individual Retirement Trust
§ 96-D Banking Development Districts
§ 97 Power to Purchase Securities and Stocks
§ 98 Power to Take and Hold Real Estate; Restrictions
§ 98-A Club Accounts
§ 100 Fiduciary Powers
§ 100-A Fiduciary Capacities; Appointment by Court Authorized; Bond; Oath; Accounting
§ 100-B Investments as Fiduciary; When Interest Is to Be Paid; Preference
§ 100-C Common Trust Funds
§ 100-D Foreign Common Trust Funds
§ 101 Additional Powers of Certain Trust Companies
§ 102 Powers of Specially Chartered Trust Companies
§ 102-A Limited Liability Trust Companies
§ 103 Restrictions On Loans, Purchases of Securities, Total Liabilities and Other Credit Exposures to a Bank or Trust Company of Any One Person
§ 104 Entries in Books; Restrictions; Amortization of Securities
§ 105 Branch Offices; Prohibition Against Doing Business At Unauthorized Places
§ 105-A Electronic Facilities
§ 105-B Trust Offices
§ 106 Deposits by Banks and Trust Companies With Other Banking Corporations and Private Bankers; Restrictions
§ 107 Reserves Against Deposits
§ 107-A Security for Public Deposits
§ 108 Rates of Interest; Installment Obligations; Personal Loan Departments
§ 108-A Acceptance of United States Currency
§ 109 Closing of Books; Profits; How to Be Computed
§ 110 Surplus Fund; of What Composed, and for What Purposes Used
§ 111 Profits; Credits to Surplus Fund and to Undivided Profits
§ 112 Dividends; Payable From Net Profits; Restrictions
§ 113 Change of Location; Change of Designation of Principal Office
§ 114 Assessment of Stockholders to Make Good Impairment of Capital Stock; Sale of Stock
§ 121 Reports to Directors
§ 122 Examinations of Banks and Trust Companies by Directors; Employment of Assistants
§ 123 Reports of Directors’ Examinations
§ 124 Communications From Department of Financial Services to Be Submitted to Directors and Noted in Minutes
§ 125 Reports to Superintendent; Penalty for Failure to Make
§ 128 Preservation of Books and Records
§ 129 Requirement of Notice On Withdrawal of Certain Time Deposits; Notice to Superintendent
§ 130 Restrictions On Officers, Directors and Employees
§ 131 Prohibitions Against Encroachments Upon Certain Powers of Banks and Trust Companies
§ 132 Use of Sign, or Words, Indicating Bank or Trust Company by Unauthorized Persons Prohibited
§ 133 Use of Banking Institution Name
§ 134 Repayment of Deposits Standing in the Names of Minors, Trustees or Joint Depositors; Repayment Where Adverse Claim Is Asserted; Interpleader in Certai
§ 136 Change of National Banking Association Into State Bank by Conversion or Merger
§ 136-A Purchase of Assets of National Banking Association by Bank or Trust Company
§ 136-B Approval of Superintendent
§ 136-C Effect of Merger or Conversion of National Banking Association Into State Bank
§ 137 Change of State Bank Into National Banking Association by Conversion, Merger or Consolidation
§ 138 Foreign Branches; Performance of Contracts and Repayment of Deposits
§ 139 Saving Clause
§ 140-A Stock Option Plans

Terms Used In New York Laws > Banking > Article 3

  • Account owner: shall mean a person who enters into a tuition savings agreement pursuant to the provisions of this article, including a person who enters into such an agreement as a fiduciary or agent on behalf of a trust, estate, partnership, association, company or corporation. See N.Y. Penal Law 70.02
  • Adopter: means any faculty member or academic department at institutions of higher learning responsible for considering and choosing textbooks and/or supplemental materials to be utilized in connection with the accredited courses taught at institutions of higher education. See N.Y. Penal Law 70.45
  • Agricultural purpose: shall mean the practice of farming for crops, plants, vines and trees, and the keeping, grazing, or feeding of livestock for sale of livestock or livestock products, and the on-farm processing of crops, livestock and livestock products. See N.Y. New York City Administrative Code 13-325
  • Beneficiary: shall mean a person who is receiving a benefit from a public retirement system of the state or who has met all the conditions precedent for the actual receipt of a benefit from a public retirement system of the state, and the monies are due and owing to such person by the public retirement system of the state. See N.Y. Retirement & Social Security Law 152
  • Bishop of the Coptic Orthodox Diocese: refers to that person who is serving as such bishop pursuant to the authority of and in accordance with the rules and regulations of Synodical Committee for the Coptic Churches in Immigration. See N.Y. Religious Corporations Law 451
  • Coastal communities: shall mean those areas on Long Island where the Magothy aquifer is either absent or contaminated with chlorides. See N.Y. New York City Administrative Code 13-325
  • Compact basin commission: shall mean an interstate commission having jurisdiction with respect to the regulation of water resources within a basin in the state, created by interstate compact or federal-interstate compact, including but not limited to, the Susquehanna river basin commission and the Delaware river basin commission. See N.Y. New York City Administrative Code 13-325
  • comptroller: shall mean the state comptroller. See N.Y. Retirement & Social Security Law 161
  • Comptroller: shall mean the comptroller of the state of New York. See N.Y. Penal Law 70.02
  • conventional mortgage: as used in this article four-a, shall mean (a) any single bond and mortgage or note and mortgage constituting a first lien upon real estate (including leasehold estates), not insured by the federal housing administrator or any of his successors in office or guaranteed by the United States under the provisions of the national housing act, as amended or supplemented, (b) first mortgage bonds issued under an indenture of mortgage and deed of trust, constituting a first lien upon real estate (including leasehold estates), and issued to a corporate trustee authorized to act as such in this state and approved by the fund. See N.Y. Retirement & Social Security Law 176
  • Coptic Orthodox Church: refers to the Apostolic Church presided over by His Holiness, the Pope of Alexandria (Egypt) and the Patriarch of the See of St. See N.Y. Religious Corporations Law 451
  • Corporation: shall mean the New York state higher education services corporation. See N.Y. Penal Law 70.02
  • Covered institution employee: shall mean any employee, agent, contractor, director, officer or trustee of a covered institution. See N.Y. Penal Law 60.21
  • Crime related to public office: shall mean any of the following criminal offenses whether committed in this state or in any other jurisdiction by a public official through the use of his or her public office or by the individual representing that he or she was acting with the authority of any governmental entity, and acting as a public official:

    (a) a felony for committing, aiding or abetting a larceny of public funds from the state or a municipality;

    (b) a felony committed in direct connection with service as a public official; or

    (c) a felony committed by such person who, with the intent to defraud, realizes or obtains, or attempts to realize or obtain, a profit, gain or advantage for himself or herself or for some other person, through the use or attempted use of the power, rights, privileges or duties of his or her position as a public official. See N.Y. Retirement & Social Security Law 156

  • Defendant: shall mean a state or local officer against whom a forfeiture action is commenced. See N.Y. Retirement & Social Security Law 156
  • Designated beneficiary: shall mean , with respect to an account or accounts, the individual designated as the individual whose higher education expenses are expected to be paid from the account or accounts. See N.Y. Penal Law 70.02
  • dwelling unit: has the meaning ascribed to such term in the housing maintenance code. See N.Y. New York City Administrative Code 26-1201
  • Educational loan: shall mean any loan that is made, insured, or guaranteed under Part B of Title IV of the Federal Higher Education Act of nineteen hundred sixty-five, as amended, any high risk loan or any private loan issued by a lending institution for the purposes of paying for or financing higher education expenses. See N.Y. Penal Law 60.21
  • Eligible educational institution: shall mean any institution of higher education defined as an eligible educational institution in section 529(e)(5) of the Internal Revenue Code of 1986, as amended. See N.Y. Penal Law 70.02
  • Enforcement officer: shall mean any person authorized to enforce the provisions of this title or the building code in the municipality in which the water well drilling activities are taking place. See N.Y. New York City Administrative Code 13-325
  • Environmentally sound and economically feasible water conservation measures: shall mean those measures, methods, technologies or practices for efficient water use and for reduction of water loss and waste or for reducing a withdrawal, consumptive use or diversion that: (i) are environmentally sound; (ii) reflect best practices applicable to the water use sector; (iii) are technically feasible and available; (iv) are economically feasible and cost effective based on an analysis that considers direct and avoided economic and environmental costs; and (v) consider the particular facilities and processes involved, taking into account the environmental impact, age of equipment and facilities involved, the processes employed, energy impacts and other appropriate factors. See N.Y. New York City Administrative Code 13-325
  • family tuition account: shall mean an individual savings account established in accordance with the provisions of this article. See N.Y. Penal Law 70.02
  • final salary: means the maximum salary or compensation which the retired person currently would be receiving in the position from which he was last retired if he had not retired. See N.Y. Retirement & Social Security Law 210
  • Financial organization: shall mean an organization authorized to do business in the state of New York and (a) which is an authorized fiduciary to act as a trustee pursuant to the provisions of an act of congress entitled "Employee Retirement Income Security Act of 1974" as such provisions may be amended from time to time, or an insurance company; and (b)(i) is licensed or chartered by the department of financial services, (ii) is chartered by an agency of the federal government, (iii) is subject to the jurisdiction and regulation of the securities and exchange commission of the federal government, or (iv) is any other entity otherwise authorized to act in this state as a trustee pursuant to the provisions of an act of congress entitled "Employee Retirement Income Security Act of 1974" as such provisions may be amended from time to time. See N.Y. Penal Law 70.02
  • former employer: means the state or a political subdivision, public corporation, school district, board of cooperative educational services, county vocational education and extension board, or an agency or organization which contributes as a participating employer in a retirement system or pension plan administered by the state or any of its civil divisions, which directly paid the salary or compensation of a retired person at any time during the two years immediately preceding his retirement and who paid the salary on which the retiree's retirement allowance is based. See N.Y. Retirement & Social Security Law 210
  • fund: as used in this article four-a, shall mean any public retirement system or pension fund which grants retirement or pension benefits to employees of the city of New York, employees of the state of New York, employees of any department or agency of the city of New York or the state of New York, and employees of any municipality or other participating employer participating in the New York state employees' retirement system or the New York state policemen's and firemen's retirement system. See N.Y. Retirement & Social Security Law 176
  • fund: shall mean any public retirement system or pension fund which grants retirement or pension benefits to employees of the city of New York, employees of the state of New York, employees of any department or agency of the city of New York or of the state of New York, employees of any municipality or other participating employer participating in the New York state employees' retirement system or the New York state policemen's and firemen's retirement system, and employees of school districts participating in the New York state teachers' retirement system. See N.Y. Retirement & Social Security Law 185
  • Head of the retirement system: shall mean the state comptroller, with respect to the state employees' retirement system and the state policemen's and firemen's retirement system, and the retirement board of the other public retirement systems of the state. See N.Y. Retirement & Social Security Law 152
  • Institution of higher education: means any institution of higher education, recognized and approved by the regents of the university of the state of New York, which provides a course of study leading to the granting of a post-secondary degree or diploma. See N.Y. Penal Law 70.45
  • insured mortgage: as used in this article four-a, shall mean any single bond and mortgage or note and mortgage constituting a first lien upon real estate (including leasehold estates), insured by the federal housing administrator or any of his successors in office and guaranteed by the United States under the provisions of the national housing act, as amended or supplemented. See N.Y. Retirement & Social Security Law 176
  • Interbasin diversion: shall mean the transfer of water or wastewater from one New York major drainage basin to another drainage basin. See N.Y. New York City Administrative Code 13-325
  • Lending institution: shall mean :

    a. See N.Y. Penal Law 60.21

  • Lloyd Sands: shall mean that geological strata generally known to be the deepest and oldest water-bearing layer of the Long Island aquifer system and shall not include bedrock. See N.Y. New York City Administrative Code 13-325
  • local retired employee: shall mean a person who shall have retired prior to July first, nineteen hundred sixty-one, and receives as a result of such retirement, a retirement allowance or pension from any retirement or pension system or plan of a municipality, which retirement allowance or pension, computed without optional modification, is or would be twelve hundred dollars per annum or less, and who, unless retired for disability, (a) is sixty years of age or over and (b) has had not less than fifteen years of allowable and credited service on which his retirement allowance or pension is based, provided, however, that

    (1) in the case of such a person meeting such requirements who attained age sixty-five before April first, nineteen hundred fifty-six, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum in the event a local law, ordinance or resolution is adopted pursuant to paragraph b of subdivision two of section one hundred sixty-three of this act, beginning with the month when such local law, ordinance or resolution shall become effective, if such person is then sixty-five years of age or beginning with the month thereafter during which he attains age sixty-five;

    (2) in the case of a female person meeting such requirements who attained age sixty-two before April first, nineteen hundred fifty-seven,

    or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum in the event a local law, ordinance or resolution is adopted pursuant to paragraph b of subdivision two of section one hundred sixty-three of this act, beginning with the month when such local law, ordinance or resolution shall become effective, if she is then sixty-two years of age or beginning with the month thereafter during which she attains age sixty-two;

    (3) in the case of a person retired for disability, either before or after attaining age fifty, who attained such age before April first, nineteen hundred fifty-seven, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum in the event a local law, ordinance or resolution is adopted pursuant to paragraph b of subdivision two of section one hundred sixty-three of this act, beginning with the month when such local law, ordinance or resolution shall become effective, if he is then fifty years of age or beginning with the month thereafter during which he attains age fifty. See N.Y. Retirement & Social Security Law 161

  • local retired teacher: shall mean a person who shall have retired prior to July first, nineteen hundred sixty-one, and receives as a result of such retirement, a retirement allowance from any teachers' retirement system administered and operated by a municipality or a school district located therein, which retirement allowance, computed without optional modification, is or would be twelve hundred dollars per annum or less, or as hereinafter provided thirteen hundred and two or eighteen hundred dollars per annum or less, as the case may be, and who, unless retired for disability, has had not less than fifteen years of allowable and credited service on which his retirement allowance is based, provided, however, that

    (1) In the case of such a person meeting such requirements who attained age sixty-five before April first, nineteen hundred fifty-six, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum in the event a local law, ordinance or resolution is adopted pursuant to subdivision five of section one hundred sixty-three of this act, beginning with the month when such local law, ordinance or resolution shall become effective, if such person is then sixty-five years of age or beginning with the month thereafter during which he attains age sixty-five;

    (2) in the case of a female person meeting such requirements who attained age sixty-two before April first, nineteen hundred fifty-seven, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum in the event a local law, ordinance or resolution is adopted pursuant to

    paragraph b of subdivision two of section one hundred sixty-three of this act, beginning with the month when such local law, ordinance or resolution shall become effective, if she is then sixty-two years of age or beginning with the month thereafter during which she attains age sixty-two;

    (3) in the case of a person retired for disability, either before or after attaining age fifty, who attained such age before April first, nineteen hundred fifty-seven, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum in the event a local law, ordinance or resolution is adopted pursuant to paragraph b of subdivision two of section one hundred sixty-three of this act, beginning with the month when such local law, ordinance or resolution shall become effective, if he is then fifty years of age or beginning with the month thereafter during which he attains age fifty;

    (4) in the case where a local law, ordinance or resolution authorizing additional supplemental pension payments pursuant to subdivision six of section one hundred sixty-three of this act is adopted effective on or after April first, nineteen hundred fifty-eight, such term shall for the purposes hereof refer to such a person entitled to receive a monthly supplemental pension in an amount which when added to his monthly retirement allowance or pension, computed without optional modification, shall be equal to one hundred fifty dollars. See N.Y. Retirement & Social Security Law 161

  • Management contract: shall mean the contract executed by the comptroller and a financial organization selected to act as a depository and manager of the program. See N.Y. Penal Law 70.02
  • Member: shall mean a member of any public retirement system of the state. See N.Y. Retirement & Social Security Law 152
  • municipality: shall mean a county, city, town or village. See N.Y. Retirement & Social Security Law 161
  • New York State Energy Code: means the New York State Energy Conservation Construction Code (the "New York State Energy Code"), constituting part 1240 of title 19 of the New York codes, rules and regulations (19 NYCRR Part 1240), and the publications incorporated by reference in such part, promulgated on September 21, 2016, by the State Fire Prevention and Building Code Council pursuant to Article 11 of the New York State Energy Law. See N.Y. New York City Administrative Code 28-1001.1.1
  • Nonqualified withdrawal: shall mean a withdrawal from an account but shall not mean:

    a. See N.Y. Penal Law 70.02

  • Pension: shall mean the annual allowance for life, payable in monthly installments, derived from contributions made by a public official to the appropriate pension accumulation fund of a retirement system pursuant to applicable law. See N.Y. Retirement & Social Security Law 156
  • Person: shall mean any individual, public or private corporation, political subdivision, government agency, department or bureau of the state, municipality, industry, co-partnership, association, firm, trust, estate or any other legal entity whatsoever. See N.Y. New York City Administrative Code 13-325
  • Potable water: shall mean water intended for human consumption that meets the requirements for a public water system as set forth in the state sanitary code. See N.Y. New York City Administrative Code 13-325
  • Preferred lender list: shall mean a list of one or more recommended or suggested lending institutions that a covered institution makes available for use, in print or any other medium or form, by borrowers, potential borrowers or others. See N.Y. Penal Law 60.21
  • Program: shall mean the New York state college choice tuition savings program established pursuant to this article. See N.Y. Penal Law 70.02
  • Program manager: shall mean a financial organization selected by the comptroller to act as a depository and manager of the program. See N.Y. Penal Law 70.02
  • Public employee pension plan: shall mean any plan, fund, or program which was heretofore or is hereafter established or maintained, in whole or in part, by a public employer of the state, as the term public employer is defined in article fourteen of the civil service law, and administered by a public retirement system of the state, which provides retirement income to employees or their beneficiaries. See N.Y. Retirement & Social Security Law 152
  • Public official: shall mean any of the following individuals who were not members of any retirement system prior to the effective date of the chapter of the laws of two thousand eleven which added this article but who have become members of a covered retirement system on or after the effective date of the chapter of the laws of two thousand eleven which added this article:

    * NB Effective until the first of January next succeeding the date upon which a majority of voters have approved and ratified certain amendments to the state constitution

    * "Public official" shall mean any of the following individuals:

    * NB Effective on the first of January next succeeding the date upon which a majority of voters have approved and ratified certain amendments to the state constitution

    (i) the governor, lieutenant governor, comptroller or attorney general;

    (ii) members of the state legislature;

    (iii) state officers and employees including:

    (A) heads of state departments and their deputies and assistants other than members of the board of regents of the university of the state of

    New York who receive no compensation or are compensated on a per diem basis;

    (B) officers and employees of statewide elected officials;

    (C) officers and employees of state departments, boards, bureaus, divisions, commissions, councils or other state agencies; and

    (D) members or directors of public authorities, other than multi-state authorities, public benefit corporations and commissions at least one of whose members is appointed by the governor, and employees of such authorities, corporations and commissions;

    (iv) judges, justices and employees of the unified court system;

    (v) officers and employees of the legislature; and

    (vi) paid municipal officers and employees including an officer or employee of a municipality, paid members of any administrative board, commission or other agency thereof and in the case of a county, shall be deemed to also include any officer or employee paid from county funds. See N.Y. Retirement & Social Security Law 156

  • Public retirement system of the state: shall mean the New York state employees' retirement system, New York state policemen's and firemen's retirement system, New York state teachers' retirement system, New York city employees' retirement system, New York city teachers' retirement system, New York city police pension fund, New York city fire department pension fund and the New York city board of education retirement system. See N.Y. Retirement & Social Security Law 152
  • public service: means the service of the state or any political division thereof, including a special district, district corporation, school district, board of cooperative educational services or county vocational education and extension board, or the service of a public benefit corporation or public authority created by or pursuant to laws of the state of New York, or the service of any agency or organization which contributes as a participating employer in a retirement system or pension plan administered by the state or any of its political subdivisions. See N.Y. Retirement & Social Security Law 210
  • Public water supply system: shall mean a permanently installed water withdrawal system including its source, collection, pumping,

    treatment, transmission, storage and distribution facilities used in connection with such system, which provides piped potable water to the public for potable purposes, if such system has at least five service connections used by year-round residents. See N.Y. New York City Administrative Code 13-325

  • Publisher: means any publishing house, publishing firm, or publishing company that publishes textbooks and supplemental materials. See N.Y. Penal Law 70.45
  • Qualified higher education expenses: shall mean any qualified higher education expense included in section 529 of the Internal Revenue Code of 1986, as amended. See N.Y. Penal Law 70.02
  • Qualified withdrawal: shall mean a withdrawal from an account to pay the qualified higher education expenses of the designated beneficiary of the account at an eligible educational institution. See N.Y. Penal Law 70.02
  • Retired member: shall mean a person who is retired from and who is receiving a retirement allowance from a public retirement system of the state. See N.Y. Retirement & Social Security Law 152
  • retired person: means a retired member of a retirement system or pension plan administered by the state or any of its political subdivisions who is receiving a retirement allowance for other than physical disability. See N.Y. Retirement & Social Security Law 210
  • retirement allowance: means the total amount payable to a retired person, whether in the form of pension or annuity, or both, from a retirement system or systems or pension plan or plans administered by the state or any of its political subdivisions. See N.Y. Retirement & Social Security Law 210
  • Retirement system: shall mean the New York state and local employees' retirement system, and the New York city employees' retirement system. See N.Y. Retirement & Social Security Law 156
  • Revenue sharing: shall mean any arrangement whereby a lending institution pays a covered institution or an affiliated entity or organization of such covered institution a percentage of the principal of each loan directed towards the lending institution from a borrower at the covered institution. See N.Y. Penal Law 60.21
  • spiritual officers: as used in this article , include the pastor or pastors, the ruling elders, and the deacons, of any church to which this article is applicable. See N.Y. New York City Administrative Code 26-515
  • state retired employee: shall mean a person who shall have retired prior to July first, nineteen hundred sixty-one, and receives as a result of such retirement, a retirement allowance or pension from any state administered and operated retirement or pension plan or system, which retirement allowance or pension, computed without optional modification, is or would be twelve hundred dollars per annum or less, and who, unless retired for disability, (a) is sixty years of age or over and (b) has had not less than fifteen years of allowable and credited service on which his retirement allowance or pension is based, provided, however, that

    (1) in the case of such a person meeting such requirements who attained age sixty-five before April first, nineteen hundred fifty-six, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum beginning with the month of April, nineteen hundred fifty-six, if he is then sixty-five years of age or beginning with the month thereafter during which he attains age sixty-five;

    (2) in the case of a female person meeting such requirements who attained age sixty-two before April first, nineteen hundred fifty-seven, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum beginning with the month of April, nineteen hundred fifty-seven, if she is then sixty-two years of age or beginning with the month thereafter during which she attains age sixty-two;

    (3) in the case of a person retired for disability, either before or after attaining age fifty, who attained such age before April first, nineteen hundred fifty-seven, or who attains such age on or after such date, the maximum retirement allowance or pension, computed without optional modification, shall for the purposes hereof be thirteen hundred and two dollars per annum beginning with the month of April, nineteen hundred fifty-seven, if he is then fifty years of age or beginning with the month thereafter during which he attains age fifty. See N.Y. Retirement & Social Security Law 161

  • state retired teacher: shall mean a person who shall have retired prior to July first, nineteen hundred sixty-one, and receives a retirement allowance from the New York state teachers' retirement system, which retirement allowance, computed without optional modification, including any modification due to additional contributions as authorized by subdivision three of section five hundred sixteen of the education law, is or would be twenty-four hundred dollars per annum or less and who, unless retired for disability, has been credited with not less than twenty-five years of service, at least fifteen of which shall have been service within the state. See N.Y. Retirement & Social Security Law 161
  • Supplemental materials: means materials that supplement the primary textbook or textbooks that come in the form of another book, online technologies, a workbook, CD-ROM, or any other format, and that can be used by a faculty member or a student during the teaching of a course. See N.Y. Penal Law 70.45
  • Textbook: means any textbook that is adopted for a course, as determined by the faculty member or members or entity charged with choosing that textbook. See N.Y. Penal Law 70.45
  • Threshold volume: shall mean the withdrawal of water of a volume of one hundred thousand gallons or more per day, determined by the limiting maximum capacity of the water withdrawal, treatment, or conveyance system; provided that for agricultural purposes the threshold volume shall mean a withdrawal of water of a volume in excess of an average of one hundred thousand gallons per day in any consecutive thirty-day period. See N.Y. New York City Administrative Code 13-325
  • Total accumulated plan benefits: shall mean an interest obtained by a member in that part of a public employee pension plan which arises from the member's continued service for a public employer based on service to date. See N.Y. Retirement & Social Security Law 152
  • Tuition savings agreement: shall mean an agreement between the comptroller or a financial organization and the account owner. See N.Y. Penal Law 70.02
  • Water well: shall mean any groundwater excavation for the purpose of obtaining water. See N.Y. New York City Administrative Code 13-325
  • Water well driller: shall mean a person who, for compensation or as part of property development and sale, engages in water well drilling activities; provided, however, that, for the purposes of this subdivision, the term "person" shall not include a public corporation, political subdivision, government agency, department, or bureau of the state or a municipality. See N.Y. New York City Administrative Code 13-325
  • water well drilling activities: shall mean the construction and reconstruction of water wells, the establishment or repair of a connection through the well casing and the repair of water wells including repairs which require the opening of the well casing. See N.Y. New York City Administrative Code 13-325
  • withdrawal of water: shall mean the removal or taking of water for any purpose from the waters of the state. See N.Y. New York City Administrative Code 13-325