§ 395. Alternative provisions relative to payment of interest to\nshareholders. Notwithstanding any provision of this chapter to the\ncontrary the superintendent may adopt such rules or regulations as shall\npermit mutual savings and loan associations to pay interest on share\naccounts at the option of such association.\n
N.Y. Banking Law § 395
Alternative provisions relative to payment of interest to shareholders
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.