2015 New York Laws
GBS - General Business
Article 28-C - (General Business) IMMIGRANT ASSISTANCE SERVICES
460-F - Surety requirement.

  460-f.  Surety  requirement.  Every provider shall maintain in full
  force and effect  for  the  entire  period  during  which  the  provider
  provides  immigrant  assistance  services  and  for  one  year after the
  provider ceased to  do  business  as  an  immigrant  assistance  service
  provider,  a  bond,  contract  of  indemnity,  or  irrevocable letter of
  credit, payable to the people of the state of New York, in the principal
  amount of fifty thousand dollars; provided, however, that every provider
  that receives in excess of two hundred fifty thousand dollars  in  total
  fees  and  other compensation for providing immigrant assistance service
  during any twelve-month period shall maintain in full force and effect a
  bond, contract of indemnity, or irrevocable letter of credit, payable to
  the people of the state of New York, in the principal amount  of  twenty
  percent  of  such  total fees and compensation. Such surety shall be for
  the benefit of any customer who does not receive a refund of  fees  from
  the  provider to which he or she is entitled, or is otherwise injured by
  the provider. The attorney general on behalf  of  the  customer  or  the
  customer  in  his  or  her  own name, may maintain an action against the
  provider and the surety.