2006 New York Code - Actions Maintained Against Foreign Banking Corporation; Residents; Foreign Corporations, Foreign Banking Corporations As Non-residents.

 
    § 200-b.  Actions  maintained  against  foreign  banking  corporation;
  residents;  foreign  corporations,  foreign  banking   corporations   as
  non-residents.
    1.   An  action  or  special  proceeding  against  a  foreign  banking
  corporation may be maintained by a resident of this state for any  cause
  of  action.  For purposes of this subdivision one, the term "resident of
  this state" shall include any corporation formed under any law  of  this
  state.
    2.  Except as otherwise provided in this chapter, an action or special
  proceeding against a foreign banking corporation may  be  maintained  by
  another  foreign  corporation  or  foreign  banking  corporation or by a
  non-resident in the following cases only:
    (a) where the action is brought to recover damages for the breach of a
  contract made or to be performed  within  this  state,  or  relating  to
  property  situated  within  this  state at the time of the making of the
  contract;
    (b) where the subject matter of the litigation is situated within this
  state;
    (c) where the cause of action arose within this  state,  except  where
  the object of the action or special proceeding is to affect the title of
  real property situated outside this state;
    (d) where the action or special proceeding is based on a liability for
  acts done within this state by a foreign banking corporation;
    (e)  where  the  defendant  is  a  foreign  banking  corporation doing
  business in this state.
    3. The limitations contained in subdivision two  do  not  apply  to  a
  corporation  formed and existing under the laws of the United States and
  which maintains an office in this state.