N.Y. Banking Law Section 482
Reports to superintendent

  • penalty for failure to make

1.

Credit unions shall forward to the superintendent all reports required by the National Credit Union Administration.

2.

Every credit union shall also make such other special reports to the superintendent at such times as he may require, which reports shall be in the form and filed on the date prescribed by the superintendent.

3.

If any credit union shall fail to make any report required by this section on or before the day designated for the making thereof, or shall fail to include therein any information required by the superintendent to be included, such credit union shall forfeit to the people of the state an amount as determined pursuant to § 44-A (Violations and penalties)section forty-four-a of this chapter for every day that such report shall be delayed or withheld, and for every day that it shall fail to report any such omitted information, unless the time therefor shall have been extended by the superintendent.

Source: Section 482 — Reports to superintendent; penalty for failure to make, https://www.­nysenate.­gov/legislation/laws/BNK/482 (updated Sep. 22, 2014; accessed Jun. 22, 2024).

450
Incorporation
450‑A
Designation of low income credit union
450‑B
Designation of student branches
451
Proposed bylaws
451‑A
Qualifications for membership
452
When corporate existence begins
453
Corporate credit unions
454
General powers
455
Trust powers
456
Limitations upon powers
457
Capital
458‑A
Maintenance of reserves
459
Allowance for loan loss
460
Dividends to shareholders
461
Change of location
462
Foreign credit unions
463
Exemptions and individual liability of shareholders
464
Manner of withdrawal
465
Withdrawal of shares after voting to liquidate
466
Meetings of shareholders
467
Qualifications and disqualifications of directors and committee members
468
Oaths of directors, officers and members of committees
469
Vacancies
470
Powers and duties of directors
471
Duty of directors and officers
472
Special duties of directors
473
Loan officers, credit committee
474
Loan reports to directors
475
Supervisory committee
476
Officers
477
Retirement and insurance benefits for officers and employees
478
Amendment of bylaws
479
Credit union not liable for taxation
480
Fiscal year
481
Communications from department of financial services must be submitted to directors and supervisory committee, and noted in the minutes
482
Reports to superintendent
483
Penalty for loans to non-members
484
Penalty for use of term “credit union”
485
Entries in books
486
Conversion of a federal credit union into a state credit union
486‑A
Retention of special additional mortgage recording tax exemption for converted federal credit unions
487
Conversion of a credit union into a federal credit union
487‑A
Conversion of a credit union into a mutual savings bank

Accessed:
Jun. 22, 2024

Last modified:
Sep. 22, 2014

§ 482’s source at nysenate​.gov

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