New York § 162 Permanent capital; increase or decrease

New York Statutes

§ 162 — Permanent capital; increase or decrease

New York·Law BNK Banking·Art. 4 Private Bankers

  § 162. Permanent capital; increase or decrease. Every private banker\nshall keep unimpaired in his banking business the amount of permanent\ncapital specified in his verified certificate.  From time to time, with\nthe written approval of the superintendent and upon good cause shown,\nsuch permanent capital may be increased or decreased.\n

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