N.Y. Banking Law § 241: Change of location; change of designation of principal office

§ 241. Change of location; change of designation of principal office.

Any savings bank may make a written application to the superintendent,

such application to be accompanied by an investigation fee as prescribed

pursuant to section eighteen-a of this chapter, for leave to change its

place or one of its places of business to another place in the state or

for leave to change the designation of its principal office to a branch

office and to change the designation of one of its branch offices to its

principal office. This application shall state the reasons for such

proposed change. Such change may be made upon the written approval of

the superintendent. If the superintendent shall grant his or her

certificate authorizing the change of location, as provided in article

two of this chapter, the savings bank may, upon or after the day

specified in the certificate, remove its property and effects to the

location designated therein.