N.Y. Banking Law Section 289-B
Construction

The provisions of this article shall be liberally construed with a view to the protection of the depositors of savings banks.

Source: Section 289-B — Construction, https://www.nysenate.gov/legislation/laws/BNK/289-B (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

§ 289-B. Construction's source at nysenate.gov

Link Style

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The New York State Bar Association runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral Service

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Florida:	Statutes
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

Location: https://newyork.public.law/laws/n.y._banking_law_section_289-b

Original Source: Section 289-B — Construction, https://www.nysenate.gov/legislation/laws/BNK/289-B (last accessed Nov. 29, 2025).

N.Y. Banking Law Section 289-B Construction

N.Y. Banking Law Section 289-B
Construction