Banking Law, section 413, created by chapter 118 of the Laws of 1987, provides that with the prior approval of the superintendent, a New York savings and loan holding company or a subsidiary thereof may acquire control of an out-of-state savings and loan holding company or an out-of-state insured institution, and an out-of-state savings and loan holding company or a subsidiary thereof may acquire control of a New York savings and loan holding company or a New York insured institution, subject to regulations to be adopted by the superintendent. Section 413 further requires that the terms and conditions prescribed by such regulations be substantially similar to those contained in section 142-b of the Banking Law governing reciprocal interstate acquisitions by bank holding companies.