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Home » US Law » 2022 New York Laws » Consolidated Laws » BNK - Banking » Article 4 - Private Bankers. » 179 – Effect of Revocation of Authorization Certificate.

§ 179. Effect of revocation of authorization certificate. Whenever the superintendent shall have revoked the authorization certificate of any private banker, and shall have taken the action to make such revocation effective specified in article two of this chapter, all the rights and privileges resulting from such authorization, shall forthwith cease and determine.