N.Y. Banking Law Section 288
Contributions as assets

All contributions and payments pursuant to call paid into the fund by any member savings bank may be carried by it as an asset to the extent authorized by the superintendent of financial services.

Source: Section 288 — Contributions as assets, https://www.nysenate.gov/legislation/laws/BNK/288 (updated Sep. 22, 2014; accessed Nov. 29, 2025).

282
Creation of fund 283
Management of fund 284
Agreement 285
Powers which may be granted to trustee 286
Taxation and exemption of property held in fund 287
Member savings banks 288
Contributions as assets 289
Confirmation of powers 289–A
Immunity of trustee and member savings banks 289–B
Construction

Up to date

Verified:
Nov. 29, 2025

Last modified:
Sep. 22, 2014

§ 288. Contributions as assets's source at nysenate.gov

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Location: https://newyork.public.law/laws/n.y._banking_law_section_288

Original Source: Section 288 — Contributions as assets, https://www.nysenate.gov/legislation/laws/BNK/288 (last accessed Nov. 29, 2025).

N.Y. Banking Law Section 288 Contributions as assets

N.Y. Banking Law Section 288
Contributions as assets