N.Y. Comp. Codes R. & Regs. tit. 3 § 25.4
No notice to stockholders which requires the approval of the superintendent under this Part shall be communicated to stockholders until it has been approved, in writing, by the superintendent. If any such proposed notice to stockholders is approved by the superintendent prior to August 1 of any calendar year, the corporate banking organization affected shall proceed forthwith to hold a meeting for the election of directors and the transaction of other business within two months following the date of such approval, and such meeting of stockholders shall be deemed to have been held in compliance with the requirements of Banking Law, section 6002(2). If no proposed notice to stockholders is approved prior to August 1 of any calendar year, the requirements of such section 6002(2) shall not apply for that calendar year.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 25.4