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  4. Art. 4

Article 4
Private Bankers

Sections

160
Verified certificate
161
Authorization certificate
162
Permanent capital
163
Restrictions as to place of business
164
Change of location
165
Segregation of investments
166
Depositors preferred in case of failure or suspension
167
Reserves against deposits
168
Restrictions on acceptance of deposits and payment of interest
171
Repayment of deposits standing in the names of minors, trustees or joint depositors
172
Restrictions on investments
173
Rate of interest
174
Restrictions on purchases of, and loans on real estate
175
Books and records
176
Reports required by superintendent
177
Official communications from superintendent
178
Business of deceased private banker
179
Effect of revocation of authorization certificate
180
Prohibitions against encroachment upon certain powers of private bankers, savings banks and savings and loan associations
181
Exemptions of certain private bankers
 



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Location: https://newyork.public.law/laws/n.y._banking_law_article_4

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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