N.Y. Banking Law Section 151
Organization of subsidiary trust companies


A subsidiary trust company shall be organized in accordance with the provisions of this chapter relating to the organization of trust companies. All of the outstanding voting stock of a subsidiary trust company shall be owned by a bank holding company.

Source: Section 151 — Organization of subsidiary trust companies, https://www.­nysenate.­gov/legislation/laws/BNK/151 (updated Sep. 22, 2014; accessed Jan. 11, 2025).

Accessed:
Jan. 11, 2025

Last modified:
Sep. 22, 2014

§ 151’s source at nysenate​.gov

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