N.Y. Banking Law § 123: Reports of directors' examinations

§ 123. Reports of directors' examinations. 1. A report in writing of

any examination made pursuant to the requirements of section one hundred

twenty-two of this article, shall be presented to the board of directors

of such bank or trust company at their next regular meeting after

completion of such examination, and placed on file in such bank or trust

company, and a duplicate thereof filed in the office of the

superintendent. Such report shall contain such information as the

superintendent shall require.

2. A report prepared pursuant to part three hundred sixty-three of the

rules and regulations of the Federal Deposit Insurance Corporation, as

the same may be amended from time to time, may, in the sole discretion

of the superintendent, satisfy the reporting requirements of this

section.

3. Any report filed in the office of the superintendent shall include

a certificate that such report was presented to the board of directors,

in the form prescribed by the superintendent.