39 – Orders of Superintendent.
§ 39. Orders of superintendent. 1. To appear and explain an apparent violation. Whenever it shall appear to the superintendent that any banking organization, bank holding company, registered mortgage broker, licensed mortgage banker, licensed student loan servicer, registered mortgage loan servicer, licensed mortgage loan originator, licensed lender, licensed casher of checks, licensed sales finance company, […]
40 – Revocation of Authorization Certificate or License or Suspension of Activities in Certain Cases.
§ 40. Revocation of authorization certificate or license or suspension of activities in certain cases. 1. If the superintendent shall find that (i) any of the reasons for taking possession of the business and property of a banking organization or of the business and property in this state of a foreign banking corporation enumerated in […]
41 – Removal of Director, Trustee or Officer.
§ 41. Removal of director, trustee or officer. 1. Whenever the superintendent shall find that any director, trustee or officer of any corporate banking organization or bank holding company (as such term “bank holding company” is defined in article three-A of this chapter) or any person or persons in charge of, or any officer of, […]
42 – Official Acts of Superintendent and Details of Department Business to Be Made Public.
§ 42. Official acts of superintendent and details of department business to be made public. The superintendent shall publish and make available to the general public at the offices of the department and also post on the department’s internet website a bulletin at noon on Friday of each week stating the following items of general […]
44 – Violations; Penalties.
§ 44. Violations; penalties. 1. (a) Without limiting any power granted to the superintendent under any other provision of this chapter, the superintendent may, in a proceeding after notice and a hearing, require any safe deposit company, licensed lender, licensed casher of checks, licensed sales finance company, licensed insurance premium finance agency, licensed transmitter of […]
44-A – Violations and Penalties; Failure to Make Reports.
§ 44-a. Violations and penalties; failure to make reports. 1. Notwithstanding any other provision of this chapter to the contrary: a. any person or entity licensed, registered, or incorporated or otherwise formed pursuant to this chapter, or an out-of-state state bank, that inadvertently or unintentionally: (i) fails to make any report required by the superintendent […]
45 – Export Finance Awareness Program.
§ 45. Export finance awareness program. There shall be created within the department an export finance awareness program. Such program shall provide in a manner prescribed by the superintendent, but not be limited to, the following: 1. information to all the various banking corporations principally engaged in doing business within the state, about the various […]
31 – Index of Persons Entitled to Unclaimed Amounts; Payment to Persons Entitled; Deduction of Service Charge.
§ 31. Index of persons entitled to unclaimed amounts; payment to persons entitled; deduction of service charge. An index shall be kept in the office of the department of the names of all persons for whom the superintendent holds in trust any unclaimed amounts. The superintendent may pay over any such amount which he holds […]
32 – Insurance of Deposits and Share Accounts.
§ 32. Insurance of deposits and share accounts. 1. Within one year from the date this section shall have become law, every bank, trust company, savings bank, savings and loan association and credit union shall obtain insurance of deposits and share accounts, as the case may be: (a) from the Federal Deposit Insurance Corporation, in […]
33 – Reserve Depositaries.
§ 33. Reserve depositaries. The superintendent shall, in his discretion, upon the nomination of any bank, trust company, industrial bank, foreign banking corporation authorized to maintain a branch or branches in this state or private banker, designate as a depositary for its reserves on deposit a bank, trust company, private banker or national bank located […]