Legislation
SECTION 113
Change of location; change of designation of principal office
Banking (BNK) CHAPTER 2, ARTICLE 3
§ 113. Change of location; change of designation of principal office.
Any bank or trust company may make a written application to the
superintendent, such application to be accompanied by an investigation
fee as prescribed pursuant to section eighteen-a of this chapter, for
leave to change its place or one of its places of business to another
place in the state or for leave to change the designation of its
principal office to a branch office and to change the designation of one
of its branch offices to its principal office. The application shall
state the reasons for such proposed change.
Such change may be made upon the written approval of the
superintendent. If the superintendent shall grant his certificate
authorizing the change of location, as provided in article two of this
chapter, the bank or trust company may, upon or after the day specified
in the certificate, remove its property and effects to the location
designated therein.
Any bank or trust company may make a written application to the
superintendent, such application to be accompanied by an investigation
fee as prescribed pursuant to section eighteen-a of this chapter, for
leave to change its place or one of its places of business to another
place in the state or for leave to change the designation of its
principal office to a branch office and to change the designation of one
of its branch offices to its principal office. The application shall
state the reasons for such proposed change.
Such change may be made upon the written approval of the
superintendent. If the superintendent shall grant his certificate
authorizing the change of location, as provided in article two of this
chapter, the bank or trust company may, upon or after the day specified
in the certificate, remove its property and effects to the location
designated therein.