Provisions
X.3 of 1984 • Savings bank charters; savings and loan association charters; special charters not to be granted
APPROVED
The Text
. The legislature shall, by general law, conform all charters of savings banks, savings and loan associations, or institutions for savings, to a uniformity of powers, rights and liabilities, and all charters hereafter granted for such corporations shall be made to conform to such general law, and to such amendments as may be made thereto. 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 1984
• In Article X: Corporations
• Has 85 words
• Was proposed by the Legislature
• Went to NYS voters as proposed amendment 3 of 1983
• Changed the text of a previously existing provision
• Amends or builds on:
◦ 1939-X.3
Credits
We did lots of research to publish this data, and we're updating the records to let you know where we got it. Check back soon for our sources!