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Home » US Law » 2022 New York Laws » Consolidated Laws » BNK - Banking » Article 12 » 514 – Liability of Investment Company for Assessments by Superintendent.

§ 514. Liability of investment company for assessments by superintendent. When the superintendent, pursuant to the powers conferred on him by article two of this chapter, shall have levied any assessment upon any investment company and shall have duly notified such investment company of the amount thereof, the amount so assessed shall become a liability of and shall be paid by such investment company to the superintendent.