Provisions
VIII.4 of 1847 • Banking corporations.
APPROVED
The Text
The legislature shall have no power to pass any act granting any special charter for banking purposes; but corporations or associations may be formed for such purposes under general laws.
A Few Facts
• Joined the Constitution in 1847
• In Article VIII:
• Has 30 words
• Was proposed by the Constitutional Convention
• Went to NYS voters as proposed amendment 1 of 1846
• Is a new addition
Credits
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