senate Bill S5464

Signed By Governor
2011-2012 Legislative Session

Relates to certain powers and duties of the superintendent of banks

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A8105 -

  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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view actions (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 20, 2011 signed chap.182
Jul 08, 2011 delivered to governor
Jun 14, 2011 returned to assembly
passed senate
3rd reading cal.906
substituted for s5464
Jun 14, 2011 substituted by a8105
Jun 06, 2011 advanced to third reading
Jun 02, 2011 2nd report cal.
Jun 01, 2011 1st report cal.906
May 24, 2011 referred to banks

S5464 - Details

See Assembly Version of this Bill:
Law Section:
Banking Law
Laws Affected:
Amd §§36, 103, 202-b, 235, 402 & 640, Art 3-A, add §260-a, Bank L; amd §1306, RPAP L

S5464 - Summary

Relates to certain powers and duties of the superintendent of banks; authorizes the superintendent to set standards for creditworthiness for certain bonds and obligations; makes other technical amendments.

S5464 - Sponsor Memo

S5464 - Bill Text download pdf

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


                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              May 24, 2011

Introduced  by  Sen. GRIFFO -- (at request of the Banking Department) --
  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 access to examination
  and investigatory reports, investment limits for banks, savings banks,
  references to credit rating agencies, foreign banking corporations and
  money transmitters, changes to the organization certificate or by-laws
  of a savings bank and savings and loan association and making  related
  technical  changes thereto; and to amend the real property actions and
  proceedings law, in relation to the disclosure of certain filings made
  with the superintendent of banks


  Section 1. Subdivision 10 of section 36 of the banking law, as amended
by chapter 472 of the laws of 2008, is amended to read as follows:
  10. All reports of examinations and investigations, correspondence and
memoranda  concerning  or  arising  out of such examination and investi-
gations, including any duly authenticated copy or copies thereof in  the
possession  of  any  banking  organization,  bank holding company or any
subsidiary thereof (as such terms "bank holding  company"  and  "subsid-
iary"  are  defined in article three-A of this chapter), any corporation
or any other entity affiliated with a banking  organization  within  the
meaning  of  subdivision six of this section and any non-banking subsid-
iary of a corporation or any other entity which is  an  affiliate  of  a
banking  organization  within  the  meaning of subdivision six-a of this
section, foreign banking corporation, licensed lender,  licensed  casher
of   checks,  licensed  mortgage  banker,  registered  mortgage  broker,
LICENSED MORTGAGE  LOAN  ORIGINATOR,  licensed  sales  finance  company,
registered  mortgage  loan  servicer, licensed insurance premium finance
agency, licensed transmitter of  money,  licensed  budget  planner,  ANY

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


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