New York Statutes
§ 162 — Permanent capital; increase or decrease
New York § 162
This text of New York § 162 (Permanent capital; increase or decrease) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Banking § 162 (2026).
Text
§ 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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Nearby Sections
9
§ 160
Verified certificate§ 164
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Bluebook (online)
New York § 162, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/BNK/162.