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Senate Bill S3702

2009-2010 Legislative Session

Relates to annual reporting requirements of the superintendent of banks

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Archive: Last Bill Status - In Senate Committee Banks Committee

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2009-S3702 (ACTIVE) - Details

Current Committee:
Senate Banks
Law Section:
Banking Law
Laws Affected:
Amd ยง43, Bank L

2009-S3702 (ACTIVE) - Summary

Amends annual reporting requirements of the superintendent; removes requirement to report compensation of certain deputies and special deputies; makes other technical corrections.

2009-S3702 (ACTIVE) - Sponsor Memo

2009-S3702 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3702

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                             March 30, 2009
                               ___________

Introduced by Sens. FOLEY, FARLEY -- read twice and ordered printed, and
  when printed to be committed to the Committee on Banks

AN  ACT  to  amend  the  banking  law,  in  relation to annual reporting
  requirements

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Subdivisions 5 and 10 of section 43 of the banking law, as
amended by chapter 650 of the laws of  2008,  are  amended  to  read  as
follows:
  5.  A  statement  of all banking organizations, foreign banking corpo-
rations and licensed  lenders  OR  OTHER  BANKING  ENTITIES  OR  PERSONS
authorized  or  licensed by the superintendent to do business during the
year for which the report is rendered, with their  names  and  locations
and  the  dates  on which their certificates were approved by the super-
intendent, and such other information as the superintendent deems appro-
priate.  THE STATEMENT SHALL ALSO SUMMARIZE THE  BANKING  ORGANIZATIONS,
FOREIGN  BANKING  CORPORATIONS  AND NON-BANKING ORGANIZATIONS OR PERSONS
AUTHORIZED OR LICENSED TO CONDUCT BUSINESS BY TYPE, THE NUMBER  OF  SUCH
ORGANIZATIONS OR PERSONS OF EACH TYPE AND THE NUMBER OF OFFICES OPERATED
OF EACH TYPE.
  10.    A STATEMENT OF THE RECEIPTS TO AND DISBURSEMENTS FROM THE STATE
TRANSMITTER OF MONEY INSURANCE FUND,  INCLUDING  THE  COST  OF  ADMINIS-
TRATION  OF THE FUND, DURING THE YEAR FOR WHICH SUCH REPORT IS RENDERED,
AS REQUIRED BY SUBDIVISION FOUR OF SECTION SIX  HUNDRED  FIFTY-EIGHT  OF
THIS CHAPTER.
  11.  A  STATEMENT  OF  THE  DEPARTMENT'S RECEIPTS AND EXPENSES FOR THE
PRECEDING FISCAL YEAR.
  12. A STATEMENT OF  THE  BANKING  ORGANIZATIONS  AND  FOREIGN  BANKING
CORPORATIONS  THAT  HAVE  BEEN  NEWLY  AUTHORIZED OR LICENSED TO CONDUCT
BUSINESS, OR HAVE CONVERTED FROM A STATE  TO  A  FEDERAL  CHARTER  OR  A

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10522-01-9

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