Legislation
SECTION 42
Official acts of superintendent and details of department business to be made public
Banking (BNK) CHAPTER 2, ARTICLE 2
§ 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 information
with regard to the work of the department since the preceding statement:
* 1. The name and the location of the principal office of every
proposed corporation, private banker, licensed lender and licensed
casher of checks, the organization certificate, private banker's
certificate or application for license of which has been filed for
examination, and the date of such filing.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 1. The name and the location of the principal office of every
proposed corporation, private banker, licensed lender, licensed
buy-now-pay-later lender and licensed casher of checks, the organization
certificate, private banker's certificate or application for license of
which has been filed for examination, and the date of such filing.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 2. The name and location of every licensed lender and licensed
casher of checks, and the name, location, amount of capital stock or
permanent capital and amount of surplus of every corporation and private
banker and the minimum assets required of every branch of a foreign
banking corporation authorized to commence business, and the date of
authorization or licensing.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 2. The name and location of every licensed lender, licensed
buy-now-pay-later lender and licensed casher of checks, and the name,
location, amount of capital stock or permanent capital and amount of
surplus of every corporation and private banker and the minimum assets
required of every branch of a foreign banking corporation authorized to
commence business, and the date of authorization or licensing.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 3. The name of every proposed corporation, private banker, branch of
a foreign banking corporation, licensed lender and licensed casher of
checks to which a certificate of authorization or a license has been
refused and the date of notice of refusal.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 3. The name of every proposed corporation, private banker, branch of
a foreign banking corporation, licensed lender, licensed
buy-now-pay-later lender and licensed casher of checks to which a
certificate of authorization or a license has been refused and the date
of notice of refusal.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 4. The name and location of every private banker, licensed lender,
licensed casher of checks, sales finance company and foreign corporation
the authorization certificate or license of which has been revoked, and
the date of such revocation.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 4. The name and location of every private banker, licensed lender,
licensed casher of checks, sales finance company, licensed
buy-now-pay-later lender and foreign corporation the authorization
certificate or license of which has been revoked, and the date of such
revocation.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 5. The name of every banking organization, licensed lender, licensed
casher of checks and foreign corporation which has applied for leave to
change its place or one of its places of business and the places from
and to which the change is proposed to be made; the name of every
banking organization which has applied to change the designation of its
principal office to a branch office and to change the designation of one
of its branch offices to its principal office, and the location of the
principal office which is proposed to be redesignated as a branch office
and of the branch office which is proposed to be redesignated as the
principal office.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 5. The name of every banking organization, licensed lender, licensed
casher of checks, licensed buy-now-pay-later lender and foreign
corporation which has applied for leave to change its place or one of
its places of business and the places from and to which the change is
proposed to be made; the name of every banking organization which has
applied to change the designation of its principal office to a branch
office and to change the designation of one of its branch offices to its
principal office, and the location of the principal office which is
proposed to be redesignated as a branch office and of the branch office
which is proposed to be redesignated as the principal office.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 6. The name of every banking organization, licensed lender, licensed
casher of checks and foreign corporation authorized to change its place
or one of its places of business and the date when and the places from
and to which the change is authorized to be made; the name of every
banking organization authorized to change the designation of its
principal office to a branch office and to change the designation of a
branch office to its principal office, the location of the redesignated
principal office and of the redesignated branch office, and the date of
such change.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 6. The name of every banking organization, licensed lender, licensed
casher of checks, licensed buy-now-pay-later lender and foreign
corporation authorized to change its place or one of its places of
business and the date when and the places from and to which the change
is authorized to be made; the name of every banking organization
authorized to change the designation of its principal office to a branch
office and to change the designation of a branch office to its principal
office, the location of the redesignated principal office and of the
redesignated branch office, and the date of such change.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
7. The name of every banking organization and of every foreign banking
corporation which has applied for permission to open a branch office or
a public accommodation office, the date of such application and the
location of the proposed branch or public accommodation office.
8. The name of every banking organization and of every foreign banking
corporation authorized to open a branch office or a public accommodation
office, the date of approval and the location of such office.
9. The name and location of every banking organization authorized to
increase or reduce its capital stock or permanent capital, the date of
such authorization and the amount of the increase or reduction.
10. The names and locations of all banking organizations which have
merged pursuant to the provisions of this chapter and the dates upon
which such mergers became effective.
11. The name and city or town of residence of every person, whose
compensation is to be paid upon the audit and warrant of the
comptroller, who has been appointed deputy and of every person who has
been appointed to a position in the exempt class of the classified
service as such terms are defined in the civil service law, in the
department, and the title of the position to which he or she has been
appointed and the date of appointment. Such other information as the
superintendent deems appropriate.
12. The date on which a call pursuant to section thirty-seven of this
chapter for a periodical report of condition by banks, trust companies
and private bankers was issued and the day designated as the day as of
which such reports should be made.
13. The name and location of every banking organization and branch of
a foreign banking corporation of which the superintendent has taken
possession for the purpose of liquidation, the date of taking
possession, and the name and residence of any special deputy
superintendent appointed to assist in the liquidation thereof.
14. The name and location of every banking organization of which the
superintendent has surrendered possession pursuant to the provisions of
section six hundred seven of this chapter.
15. The name and location of every corporate banking organization the
creditors and depositors of which have been paid in full by the
superintendent and a meeting of stockholders of which has been called,
and the date of notice of meeting and date of meeting.
16. The name and location of every corporate banking organization the
affairs and business of which have been finally liquidated and which has
been dissolved.
17. The name and location of every private banker the liquidation of
the affairs of which has been completed by the superintendent.
18. The name and location of every corporate banking organization
which has applied for approval of a change of name, and the name
proposed.
* 19. a. The name of every state chartered banking institution, as
defined pursuant to section twelve-a of this article, which has applied
to exercise a federally permitted power pursuant to subdivision three of
section twelve-a of this article, a description of such power and the
date of such filing.
b. The intention of the superintendent to issue an order pursuant to
subdivision four of section twelve-a of this article, which shall
include a description of the proposed federally permitted power and a
reference to the state-chartered banking institutions which shall be
permitted to exercise such power.
* NB Repealed September 10, 2029
Every such statement after having been so posted for one week shall be
placed on file and kept in the office of the department. All such
statements shall be public documents and at all reasonable times shall
be open to public inspection.
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 information
with regard to the work of the department since the preceding statement:
* 1. The name and the location of the principal office of every
proposed corporation, private banker, licensed lender and licensed
casher of checks, the organization certificate, private banker's
certificate or application for license of which has been filed for
examination, and the date of such filing.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 1. The name and the location of the principal office of every
proposed corporation, private banker, licensed lender, licensed
buy-now-pay-later lender and licensed casher of checks, the organization
certificate, private banker's certificate or application for license of
which has been filed for examination, and the date of such filing.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 2. The name and location of every licensed lender and licensed
casher of checks, and the name, location, amount of capital stock or
permanent capital and amount of surplus of every corporation and private
banker and the minimum assets required of every branch of a foreign
banking corporation authorized to commence business, and the date of
authorization or licensing.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 2. The name and location of every licensed lender, licensed
buy-now-pay-later lender and licensed casher of checks, and the name,
location, amount of capital stock or permanent capital and amount of
surplus of every corporation and private banker and the minimum assets
required of every branch of a foreign banking corporation authorized to
commence business, and the date of authorization or licensing.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 3. The name of every proposed corporation, private banker, branch of
a foreign banking corporation, licensed lender and licensed casher of
checks to which a certificate of authorization or a license has been
refused and the date of notice of refusal.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 3. The name of every proposed corporation, private banker, branch of
a foreign banking corporation, licensed lender, licensed
buy-now-pay-later lender and licensed casher of checks to which a
certificate of authorization or a license has been refused and the date
of notice of refusal.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 4. The name and location of every private banker, licensed lender,
licensed casher of checks, sales finance company and foreign corporation
the authorization certificate or license of which has been revoked, and
the date of such revocation.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 4. The name and location of every private banker, licensed lender,
licensed casher of checks, sales finance company, licensed
buy-now-pay-later lender and foreign corporation the authorization
certificate or license of which has been revoked, and the date of such
revocation.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 5. The name of every banking organization, licensed lender, licensed
casher of checks and foreign corporation which has applied for leave to
change its place or one of its places of business and the places from
and to which the change is proposed to be made; the name of every
banking organization which has applied to change the designation of its
principal office to a branch office and to change the designation of one
of its branch offices to its principal office, and the location of the
principal office which is proposed to be redesignated as a branch office
and of the branch office which is proposed to be redesignated as the
principal office.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 5. The name of every banking organization, licensed lender, licensed
casher of checks, licensed buy-now-pay-later lender and foreign
corporation which has applied for leave to change its place or one of
its places of business and the places from and to which the change is
proposed to be made; the name of every banking organization which has
applied to change the designation of its principal office to a branch
office and to change the designation of one of its branch offices to its
principal office, and the location of the principal office which is
proposed to be redesignated as a branch office and of the branch office
which is proposed to be redesignated as the principal office.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
* 6. The name of every banking organization, licensed lender, licensed
casher of checks and foreign corporation authorized to change its place
or one of its places of business and the date when and the places from
and to which the change is authorized to be made; the name of every
banking organization authorized to change the designation of its
principal office to a branch office and to change the designation of a
branch office to its principal office, the location of the redesignated
principal office and of the redesignated branch office, and the date of
such change.
* NB Effective until certain provisions are met (see Ch. 58 of 2025,
Part Y, § 13)
* 6. The name of every banking organization, licensed lender, licensed
casher of checks, licensed buy-now-pay-later lender and foreign
corporation authorized to change its place or one of its places of
business and the date when and the places from and to which the change
is authorized to be made; the name of every banking organization
authorized to change the designation of its principal office to a branch
office and to change the designation of a branch office to its principal
office, the location of the redesignated principal office and of the
redesignated branch office, and the date of such change.
* NB Effective upon the one hundred eightieth day after the
promulgation of rules and/or regulations by the department of financial
services to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §
13)
7. The name of every banking organization and of every foreign banking
corporation which has applied for permission to open a branch office or
a public accommodation office, the date of such application and the
location of the proposed branch or public accommodation office.
8. The name of every banking organization and of every foreign banking
corporation authorized to open a branch office or a public accommodation
office, the date of approval and the location of such office.
9. The name and location of every banking organization authorized to
increase or reduce its capital stock or permanent capital, the date of
such authorization and the amount of the increase or reduction.
10. The names and locations of all banking organizations which have
merged pursuant to the provisions of this chapter and the dates upon
which such mergers became effective.
11. The name and city or town of residence of every person, whose
compensation is to be paid upon the audit and warrant of the
comptroller, who has been appointed deputy and of every person who has
been appointed to a position in the exempt class of the classified
service as such terms are defined in the civil service law, in the
department, and the title of the position to which he or she has been
appointed and the date of appointment. Such other information as the
superintendent deems appropriate.
12. The date on which a call pursuant to section thirty-seven of this
chapter for a periodical report of condition by banks, trust companies
and private bankers was issued and the day designated as the day as of
which such reports should be made.
13. The name and location of every banking organization and branch of
a foreign banking corporation of which the superintendent has taken
possession for the purpose of liquidation, the date of taking
possession, and the name and residence of any special deputy
superintendent appointed to assist in the liquidation thereof.
14. The name and location of every banking organization of which the
superintendent has surrendered possession pursuant to the provisions of
section six hundred seven of this chapter.
15. The name and location of every corporate banking organization the
creditors and depositors of which have been paid in full by the
superintendent and a meeting of stockholders of which has been called,
and the date of notice of meeting and date of meeting.
16. The name and location of every corporate banking organization the
affairs and business of which have been finally liquidated and which has
been dissolved.
17. The name and location of every private banker the liquidation of
the affairs of which has been completed by the superintendent.
18. The name and location of every corporate banking organization
which has applied for approval of a change of name, and the name
proposed.
* 19. a. The name of every state chartered banking institution, as
defined pursuant to section twelve-a of this article, which has applied
to exercise a federally permitted power pursuant to subdivision three of
section twelve-a of this article, a description of such power and the
date of such filing.
b. The intention of the superintendent to issue an order pursuant to
subdivision four of section twelve-a of this article, which shall
include a description of the proposed federally permitted power and a
reference to the state-chartered banking institutions which shall be
permitted to exercise such power.
* NB Repealed September 10, 2029
Every such statement after having been so posted for one week shall be
placed on file and kept in the office of the department. All such
statements shall be public documents and at all reasonable times shall
be open to public inspection.