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NY Const, art X, § 3 · Article X. Corporations

Savings bank charters; restrictions on trustees; special charters not to be granted

Verbatim from the official edition

Text — Law content up to date as of June 5, 2026, as published by the New York State Senate (Open Legislation)

§ 3. The legislature shall, by general law, conform all charters of savings banks, savings and loan associations, or institutions for savings, to a uniformity of powers, rights and liabilities, and all charters hereafter granted for such corporations shall be made to conform to such general law, and to such amendments as may be made thereto. The legislature shall have no power to pass any act granting any special charter for banking purposes; but corporations or associations may be formed for such purposes under general laws.

Source of truth

Edition
Law content up to date as of June 5, 2026, as published by the New York State Senate (Open Legislation)
Official file
https://legislation.nysenate.gov/pdf/laws/CNSA10S3
Text hash
sha256 bd2c85877a740cf4877aec445e3e1994f12e60c008dd6090e8a7123ba76628b4
Composed by
gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.