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This entry was published on 2014-09-22
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SECTION 125
Reports to superintendent; penalty for failure to make
Banking (BNK) CHAPTER 2, ARTICLE 3
§ 125. Reports to superintendent; penalty for failure to make. 1.
Within fifteen days after service upon it of the notice provided for by
section thirty-seven of this chapter, every bank and every trust company
shall make a written report of its financial condition to the
superintendent, which report shall be in such form and contain such
information as the superintendent of financial services may prescribe.

2. Every bank and every trust company shall also make such other
special reports to the superintendent as he may from time to time
require, in such form and at such date as may be prescribed by him and
such reports shall, if required by him, be subscribed and affirmed as
true under the penalties of perjury.

3. If any bank or trust company shall fail to make any report required
by or pursuant to this section, on or before the day designated for the
making thereof, or shall fail to include therein any prescribed matter,
such bank or trust company shall forfeit to the people of the state an
amount as determined pursuant to section forty-four-a of this chapter
for every day that such report shall be delayed or withheld, and for
every day that it shall fail to report any such omitted matter, unless
the time therefor shall have been extended by the superintendent as
provided in article two of this chapter.