{"data":{"id":"us-ny/n.y.-banking-law-318","jurisdiction":"us-ny","citation":"N.Y. Banking Law § 318","heading":"Branch offices","body":"§ 318. Branch offices. Any safe deposit company having a capital of\none hundred thousand dollars or more may, in accordance with the\nprovisions of article two of this chapter, be permitted to open and\nmaintain a branch office or branch offices in the city or village where\nits principal office is located.\n  Any safe deposit company having a capital of one hundred thousand\ndollars or more, the majority of stock of which is owned by any other\nbanking organization or a national bank may, in accordance with the\nprovisions of article two of this chapter, be permitted to open and\nmaintain a branch office at a location at which such banking\norganization or national bank is maintaining a duly authorized branch\noffice.","path":["Banking Law","Article 8. Safe Deposit Companies"],"source_url":"https://legislation.nysenate.gov/api/3/laws/BNK/318","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"732c30a75b1cbd2770220ff1a35375086a3cc78b4de686f567b1a1fc143c207c","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-banking-law-317","next":"us-ny/n.y.-banking-law-319"},"notice":"GroundRules: Original legal text. Not legal advice."}