Authority of superintendent
Source:
Section 359 — Authority of superintendent, https://www.nysenate.gov/legislation/laws/BNK/359 (updated Sep. 22, 2014; accessed Feb. 28, 2026).
340
Doing business without license prohibited 341
Application for license 342
Conditions precedent to issuing license 343
License provisions 344
Issuance of license upon acquisition of business of licensed lender 345
Application for acquisition of control of licensed lender by purchase of stock 347
Grounds for revocation or suspension of license 348
Superintendent authorized to examine 349
Licensee’s books and records 350
Restrictions concerning advertising, liens on real estate, and places where loans made 351
Restrictions on loans subject to the provisions of this article 352
Acts required of licensees 353
Limitation on licensee’s charges on certain loans 354
Restrictions on assignments of compensation for services 355
Solicitation of loans 356
Restrictions on certain loans by non-licensees, interests, other charges 357
Insurance 358
Penalties 359
Authority of superintendent 360
Short title 361
Severability
Doing business without license prohibited 341
Application for license 342
Conditions precedent to issuing license 343
License provisions 344
Issuance of license upon acquisition of business of licensed lender 345
Application for acquisition of control of licensed lender by purchase of stock 347
Grounds for revocation or suspension of license 348
Superintendent authorized to examine 349
Licensee’s books and records 350
Restrictions concerning advertising, liens on real estate, and places where loans made 351
Restrictions on loans subject to the provisions of this article 352
Acts required of licensees 353
Limitation on licensee’s charges on certain loans 354
Restrictions on assignments of compensation for services 355
Solicitation of loans 356
Restrictions on certain loans by non-licensees, interests, other charges 357
Insurance 358
Penalties 359
Authority of superintendent 360
Short title 361
Severability
