This regulation shall govern all meetings of the members of the MCU while the superintendent is in possession of the MCU's business and property. To the extent that the bylaws of the MCU are inconsistent or conflict with the Banking Law, this Part, or any action taken by the superintendent hereunder, such bylaws are superseded and shall have no force and effect.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 209.2