2006 New York Code - Banking Department; Superintendent Of Banks; Supervisory And Regulatory Powers

 
                                 ARTICLE II
 
          BANKING DEPARTMENT; SUPERINTENDENT OF BANKS; SUPERVISORY
                            AND REGULATORY POWERS
 
  Section  10.   Declaration of policy.
           11.   Banking  department;  official  documents; destruction of
                   documents; official communications.
           12.   Superintendent   of   banks;    acting    superintendent;
                   discretion.
           13.   Banking board.
           14.   Powers of the banking board.
           14-a. Rate of interest; banking board to adopt regulations.
           14-b. Power  of  the banking board to prescribe minimum rate of
                   interest on mortgage escrow accounts.
           14-c. Power of the banking  board  to  prescribe  criteria  for
                   disclosue of information on savings and time accounts.
           14-d. Power  of  the  banking  board  to prescribe a reasonable
                   period of time permitting the drawing on items received
                   for deposit in a customer's account.
           14-e. Power of the banking board to authorize the operation  of
                   savings  banks  and  savings  and  loan associations in
                   stock form.
           14-f. Power of the banking board to require  the  provision  of
                   basic banking services.
           14-g. Power  of  the  banking board to authorize banks or trust
                   companies to exercise the rights of national banks.
           14-h. Power of the banking board to authorize savings banks and
                   savings and loan associations to exercise the rights of
                   federal savings associations and the  insurance  powers
                   of national banks.
           15.   Deputies,  clerks,  examiners,  special  agents and other
                   employees; appointment; compensation; oath  of  office;
                   bonds; powers of deputies.
           16.   Restrictions on officers and employees of the department;
                   penalty.
           17.   Expenses of department; assessments.
           18.   Fees for copies and certifications.
           19.   Assessments for deficiency in reserves against deposits.
           20.   Assessments,   penalties   and  forfeitures  entitled  to
                   priority.
           21.   Collection of  assessments,  penalties  and  forfeitures;
                   proceedings by attorney-general.
           22.   Fingerprints.
           23.   Acceptance  or  rejection  of  certificate; investigation
                   fees.
           24.   Investigation by  superintendent;  refusal  or  approval;
                   filing certificate.
           25.   Authorization  certificate;  when  and  to  whom  issued;
                   contents; filing and recording.
           25-a. Authority  of   superintendent   to   file   organization
                   certificate  and  issue authorization certificate under
                   certain conditions.
           26.   Licenses to foreign banking corporations; renewal.
           27.   Exchange and examination of securities.
           28.   Change of location; change of  designation  of  principal
                   office; approval or refusal; certificate.
           28-a. Temporary   change  of  location;  approval  or  refusal;
                   certificate.
           28-b. Credit needs of local communities.
           28-c. Branch  office  closings;  report  to  and  action by the
                   superintendent.
           29.   Branch offices; public accommodation offices; approval or
                   refusal; certificate; investigation fee.
           30.   Unclaimed amounts; deposit by  superintendent  in  trust;
                   preference; release of debtor.
           31.   Index  of  persons entitled to unclaimed amounts; payment
                   to persons entitled; deduction of service charge.
           32.   Insurance of deposits and share accounts.
           33.   Reserve depositaries.
           34.   Superintendent as attorney to accept service of process.
           36.   Examinations; right of inspection; penalties for refusing
                   to permit examination.
           36-a. Reports of lending by banking organizations.
           37.   Reports to superintendent.
           37-a. Submission of annual  reports  by  the  Holocaust  claims
                   processing office.
           38.   Power of subpoena.
           39.   Orders of superintendent.
           40.   Revocation  of  authorization  certificate  or license or
                   suspension of activities in certain cases.
           41.   Removal of director, trustee or officer.
           42.   Official acts of superintendent and details of department
                   business to be made public.
           43.   Annual report of superintendent.
           44.   Violations; penalties.
           45.   Export finance awareness program.