New York Codes, Rules and Regulations
Title 3 - BANKING
Appendices
Appendix 4

Current through Register Vol. 44, No. 38, September 21, 2022

REGISTRATION STATEMENT FOR MULTI-BANK HOLDING COMPANY

PURSUANT TO SECTION 144 OF THE NEW YORK STATE

BANKING LAW

1. General Instructions.

(a) Within 180 days after becoming a bank holding company, as defined in Banking Law, Section 141(3), such company ("Registrant") must file a registration statement ("Registration Statement") with the Superintendent of Banks. As its Registration Statement, Registrant shall use the forms for registration as a bank holding company which are required to be filed under the Federal Bank Holding Company Act of 1956, as amended, so long as certain additional requirements set forth herein are met.

If no registration is required under federal law, Registrant should, nevertheless, use such federal forms and communicate with the Banking Department, Commercial Banks Division, at least 60 days in advance of the last date for filing under Section 141(3).

(b) Definitions. The terms used in the Registration Statement shall have the meanings assigned to them at the time of filing by the federal authority having jurisdiction.

2. Variations from federal form.

The federal forms in force at the time of filing of the Registration Statement shall be used. The following variations from the Registration Statement required under the Bank Holding Company Act of 1956, as amended, form F.R. Y-5 Revised 3-71 shall be required:

(a) Exhibit C - Subsidiary Banks: The information requested in paragraph (1) of Exhibit C shall be given for each "banking subsidiary" of the Registrant as defined in Section 141(7), New York State Banking Law.

(b) The information required in Exhibit C - Subsidiary Banks, Section (3) is not required.

(c) The information requested in Exhibit E - Subsidiary Non-Banking Companies, Sections (1), (2) and (3) shall be given for each subsidiary as defined in Section 141(5), Banking Law.

(d) The information required by Exhibit E - Subsidiary Non-Banking Companies, Section (5) is not required.

(e) The information requested in Exhibit F - Non-Banking Companies other than Subsidiaries need be given only for such companies which the Registrant directly or indirectly owns, controls and are held with power to vote, stock in the amount of 5% to 10% of the outstanding voting shares on the date Registrant became a bank holding company.

(f) The information requested by Exhibit F - Section (2) is not required.

Effective November 15, 1971

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