N.Y. Banking Law Section 204
Reports of foreign banking corporations

  • penalties

Every foreign banking corporation licensed by the superintendent to engage in business in this state, shall at such times and in such form as the superintendent shall prescribe, make written reports to the superintendent under the oath of one of its officers, managers or agents transacting business in this state, showing the amount of its assets and liabilities and containing such other matters as the superintendent shall prescribe. If any such corporation shall fail to make any such report as directed by the superintendent, it shall be subject to the penalties prescribed by § 125 (Reports to superintendent)section one hundred twenty-five of this chapter, and any false statement contained in any such report or in any other sworn statement made to the superintendent by such corporation in pursuance of the provisions of this chapter shall constitute perjury. Nothing herein contained shall be deemed to modify the prohibitions of § 131 (Prohibitions against encroachments upon certain powers of banks and trust companies)section one hundred thirty-one of this chapter.

Source: Section 204 — Reports of foreign banking corporations; penalties, https://www.­nysenate.­gov/legislation/laws/BNK/204 (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

§ 204’s source at nysenate​.gov

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