N.Y. Banking Law Section 200-C
Maintenance of books, accounts and records


Every foreign banking corporation licensed pursuant to this chapter to maintain one or more branches, agencies or representative offices in this state shall maintain or make available at any such branch, agency or representative office appropriate books, accounts and records reflecting (i) all transactions effected by or on behalf of the branch, agency or representative office and (ii) all actions taken in this state by employees of the foreign banking corporation located in this state to effect transactions on behalf of any office of such foreign banking corporation located outside this state.

Source: Section 200-C — Maintenance of books, accounts and records, https://www.­nysenate.­gov/legislation/laws/BNK/200-C (updated Sep. 22, 2014; accessed Mar. 23, 2024).

200
When foreign banking corporation may transact business in this state
200–A
Actions maintained by a foreign banking corporation
200–B
Actions maintained against foreign banking corporation
200–C
Maintenance of books, accounts and records
201
Conditions to be complied with by foreign banking corporations applying for initial license
201–A
Rights and privileges of foreign banking corporation under license
201–B
Fiduciary powers of foreign banking corporations
201–C
Notice of acquisition of control or merger
202
Rates of interest
202–A
Restrictions on receiving deposits
202–B
Maintenance of assets in this state
202–C
Reserves against deposits
202–D
Foreign banking corporation may not maintain both agencies and branches in this state
202–F
Restrictions on loans, purchases of securities and total liabilities of any one person to New York branch or agency of foreign bank
202–G
Succession to agency by branch and to branch by agency
202–H
Repayment of deposits standing in the names of minors, trustees, joint depositors or custodians
202–I
Safe deposit business of branches
202–J
Power to act as trustee under self-employed retirement trust or individual retirement trust
203
Change of location, name or business
204
Reports of foreign banking corporations
204–A
Payment of claims by foreign banking corporations where adverse claim is asserted
206
Termination of existence
207
Service of process on unlicensed corporation formed under laws other than the statutes of this state
208
Nondiscriminatory treatment of insured state banks and national banks
209
Restrictions on executive officers of foreign banking corporations and national banks

Accessed:
Mar. 23, 2024

Last modified:
Sep. 22, 2014

§ 200-C’s source at nysenate​.gov

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