Union Savings Bank of Long Island v. Siebert
Opinion of the Court
In an action, inter alia, to declare certain rules of defendant New York State Banking Board unconstitutional, defendants appeal from an order of the Supreme Court, Suffolk County, dated June 2, 1980, which granted plaintiff’s motion for a preliminary injunction and denied their cross motions to dismiss the causes of action asserted in the complaint. Order modified, on the law, by (1) deleting from the first decretal paragraph thereof the words "and the State Defendants”; and (2) deleting the second and third decretal paragraphs thereof and substituting therefor provisions granting the cross motions to the extent of dismissing the first and second causes of action and otherwise denying the cross motions. As so modified, order affirmed, without costs or disbursements. In this declaratory judgment action, plaintiff’s first and second causes of action, brought two years after the causes of action accrued, are barred by the Statute of Limitations (see Solnick v Whalen, 49 NY2d 224; Press v Monroe County, 50 NY2d 695; CPLR 217). The act complained of, the decision by the State defendants to approve the Dime Savings Bank’s branch application, was an administrative act subject to review pursuant to CPLR article 78 (see Matter of Dairylea Coop, v Walkley, 38 NY2d 6). Accordingly, the period of limitation for this declaratory judgment action is governed by the limitations period for a CPLR article 78 proceeding (see Solnick v Whalen, supra; Press v Monroe County, supra; CPLR 217). Therefore, the first and second causes of action
Case-law data current through December 31, 2025. Source: CourtListener bulk data.