2006 New York Code - Acceptance Or Rejection Of Certificate; Investigation Fees.

 
    § 23.  Acceptance  or  rejection  of  certificate; investigation fees.
  Within twenty days after  the  receipt  by  the  superintendent  of  any
  organization certificate of a corporation proposed to be organized under
  this  chapter,  or  any  private banker's certificate together with such
  documents as are required to  be  filed  therewith,  the  superintendent
  shall,  if  such  certificate  and such accompanying documents comply in
  form and substance with the requirements  of  this  chapter,  file  such
  certificate for examination and note thereon the date of such filing. If
  such  certificate  or  such  accompanying documents do not comply in all
  respects with the  requirements  of  this  chapter,  the  superintendent
  shall,  within  twenty  days  after  receipt thereof, return them to the
  persons from whom they were received, calling attention to the defect or
  defects therein.
    At  the  time  of  submission  of  the  certificate  and  accompanying
  documents  an  investigation  fee  of  two thousand five hundred dollars
  shall be paid to the superintendent,  to  be  retained  by  him  if  the
  certificate and accompanying documents are filed. If the certificate and
  accompanying  documents  are  not  filed because of defects therein, the
  investigation fee is to be returned with such papers to the persons from
  whom they were received. No investigation fee shall be required  on  the
  submission  of an organization certificate for a credit union nor on the
  filing of a verified certificate pursuant to section one  hundred  sixty
  of  this  chapter  by  the continuing, surviving or successor partner or
  partners of a private banker for an authorization certificate to  engage
  in business as a private banker.