2017 New York Laws
FIS - Financial Services Law
Article 2 - Organization of the Department of Financial Services
202 - Superintendent.

  202.  Superintendent.  (a)  The head of the department shall be the
  superintendent of financial services, who  shall  be  appointed  by  the
  governor,  by  and  with  the  advice and consent of the senate, and who
  shall hold office at the pleasure of the  governor.  The  superintendent
  shall  possess  the  rights,  powers,  and  duties  in  connection  with
  financial services and protection in this state, expressed or reasonably
  implied by this chapter or any other applicable law of this state.
(b)  The  superintendent  may,  in  the  superintendent's  discretion,
  designate  one of the superintendent's deputies to act as superintendent
  during the superintendent's absence or inability to act. If  the  office
  of  superintendent  is  vacant,  or  if  the superintendent's absence or
  inability to act continues for a period of more than  thirty  successive
  days, the governor may designate a deputy to act as superintendent until
  the   filling   of  the  vacancy  or  the  return  or  recovery  of  the
  superintendent.
(c) Whenever in this chapter, the banking law, the  insurance  law  or
  any  other law the superintendent is authorized but not required to take
  any action or the superintendent's approval is required as  a  condition
  precedent  to  the  doing  of any act, the taking of such action and the
  giving of such approval  shall  be  within  the  superintendent's  sound
  discretion.   In   taking   any  action  with  respect  to  any  banking
  organization, and in approving or disapproving any application made by a
  banking organization, the superintendent shall give due consideration to
  the policy of the state of New York as set forth in section ten  of  the
  banking law.