N.Y. Banking Law § 7010: Place and time of meetings of the board

§ 7010. Place and time of meetings of the board. 1. Meetings, regular

or special, of the board may be held at any place within or without this

state, unless otherwise provided by the organization certificate or the

by-laws.

2. The board of every bank and trust company, stock-form savings bank,

and stock-form savings and loan association shall, after their due

qualification, hold an annual meeting for the election of officers

within twenty-five days after the annual meeting of stockholders. The

board of every such corporation shall hold a regular monthly meeting at

least ten times a year provided, however, that during any three

consecutive calendar months the board shall meet at least twice. The

executive committee shall meet at least once in each thirty day period

during which the board does not meet.

3. Subject to subdivisions one and two, the time and place for holding

meetings of the board may be fixed by or under the by-laws, or, if not

so fixed, by the board.