§ 42 — Official acts of superintendent and details of department business to be made public

New York § 42

• Jurisdiction: New York
• Law BNK: Banking
• Art. 2: Department of Financial Services; Superintendent of Financial Services; Supervisory and Regulatory Powers

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§ 42. Official acts of superintendent and details of department\nbusiness to be made public. The superintendent shall publish and make\navailable to the general public at the offices of the department and\nalso post on the department's internet website a bulletin at noon on\nFriday of each week stating the following items of general information\nwith regard to the work of the department since the preceding statement:\n * 1. The name and the location of the principal office of every\nproposed corporation, private banker, licensed lender and licensed\ncasher of checks, the organization certificate, private banker's\ncertificate or application for license of which has been filed for\nexamination, and the date of such filing.\n * NB Effective until certain provisions are met (see Ch. 58 of 2025,\nPart Y, § 13)\n * 1. The name and the location of the principal office of every\nproposed corporation, private banker, licensed lender, licensed\nbuy-now-pay-later lender and licensed casher of checks, the organization\ncertificate, private banker's certificate or application for license of\nwhich has been filed for examination, and the date of such filing.\n * NB Effective upon the one hundred eightieth day after the\npromulgation of rules and/or regulations by the department of financial\nservices to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §\n13)\n * 2. The name and location of every licensed lender and licensed\ncasher of checks, and the name, location, amount of capital stock or\npermanent capital and amount of surplus of every corporation and private\nbanker and the minimum assets required of every branch of a foreign\nbanking corporation authorized to commence business, and the date of\nauthorization or licensing.\n * NB Effective until certain provisions are met (see Ch. 58 of 2025,\nPart Y, § 13)\n * 2. The name and location of every licensed lender, licensed\nbuy-now-pay-later lender and licensed casher of checks, and the name,\nlocation, amount of capital stock or permanent capital and amount of\nsurplus of every corporation and private banker and the minimum assets\nrequired of every branch of a foreign banking corporation authorized to\ncommence business, and the date of authorization or licensing.\n * NB Effective upon the one hundred eightieth day after the\npromulgation of rules and/or regulations by the department of financial\nservices to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §\n13)\n * 3. The name of every proposed corporation, private banker, branch of\na foreign banking corporation, licensed lender and licensed casher of\nchecks to which a certificate of authorization or a license has been\nrefused and the date of notice of refusal.\n * NB Effective until certain provisions are met (see Ch. 58 of 2025,\nPart Y, § 13)\n * 3. The name of every proposed corporation, private banker, branch of\na foreign banking corporation, licensed lender, licensed\nbuy-now-pay-later lender and licensed casher of checks to which a\ncertificate of authorization or a license has been refused and the date\nof notice of refusal.\n * NB Effective upon the one hundred eightieth day after the\npromulgation of rules and/or regulations by the department of financial\nservices to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §\n13)\n * 4. The name and location of every private banker, licensed lender,\nlicensed casher of checks, sales finance company and foreign corporation\nthe authorization certificate or license of which has been revoked, and\nthe date of such revocation.\n * NB Effective until certain provisions are met (see Ch. 58 of 2025,\nPart Y, § 13)\n * 4. The name and location of every private banker, licensed lender,\nlicensed casher of checks, sales finance company, licensed\nbuy-now-pay-later lender and foreign corporation the authorization\ncertificate or license of which has been revoked, and the date of such\nrevocation.\n * NB Effective upon the one hundred eightieth day after the\npromulgation of rules and/or regulations by the department of financial\nservices to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §\n13)\n * 5. The name of every banking organization, licensed lender, licensed\ncasher of checks and foreign corporation which has applied for leave to\nchange its place or one of its places of business and the places from\nand to which the change is proposed to be made; the name of every\nbanking organization which has applied to change the designation of its\nprincipal office to a branch office and to change the designation of one\nof its branch offices to its principal office, and the location of the\nprincipal office which is proposed to be redesignated as a branch office\nand of the branch office which is proposed to be redesignated as the\nprincipal office.\n * NB Effective until certain provisions are met (see Ch. 58 of 2025,\nPart Y, § 13)\n * 5. The name of every banking organization, licensed lender, licensed\ncasher of checks, licensed buy-now-pay-later lender and foreign\ncorporation which has applied for leave to change its place or one of\nits places of business and the places from and to which the change is\nproposed to be made; the name of every banking organization which has\napplied to change the designation of its principal office to a branch\noffice and to change the designation of one of its branch offices to its\nprincipal office, and the location of the principal office which is\nproposed to be redesignated as a branch office and of the branch office\nwhich is proposed to be redesignated as the principal office.\n * NB Effective upon the one hundred eightieth day after the\npromulgation of rules and/or regulations by the department of financial\nservices to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §\n13)\n * 6. The name of every banking organization, licensed lender, licensed\ncasher of checks and foreign corporation authorized to change its place\nor one of its places of business and the date when and the places from\nand to which the change is authorized to be made; the name of every\nbanking organization authorized to change the designation of its\nprincipal office to a branch office and to change the designation of a\nbranch office to its principal office, the location of the redesignated\nprincipal office and of the redesignated branch office, and the date of\nsuch change.\n * NB Effective until certain provisions are met (see Ch. 58 of 2025,\nPart Y, § 13)\n * 6. The name of every banking organization, licensed lender, licensed\ncasher of checks, licensed buy-now-pay-later lender and foreign\ncorporation authorized to change its place or one of its places of\nbusiness and the date when and the places from and to which the change\nis authorized to be made; the name of every banking organization\nauthorized to change the designation of its principal office to a branch\noffice and to change the designation of a branch office to its principal\noffice, the location of the redesignated principal office and of the\nredesignated branch office, and the date of such change.\n * NB Effective upon the one hundred eightieth day after the\npromulgation of rules and/or regulations by the department of financial\nservices to effectuate certain provisions (see Ch. 58 of 2025, Part Y, §\n13)\n 7. The name of every banking organization and of every foreign banking\ncorporation which has applied for permission to open a branch office or\na public accommodation office, the date of such application and the\nlocation of the proposed branch or public accommodation office.\n 8. The name of every banking organization and of every foreign banking\ncorporation authorized to open a branch office or a public accommodation\noffice, the date of approval and the location of such office.\n 9. The name and location of every banking organization authorized to\nincrease or reduce its capital stock or permanent capital, the date of\nsuch authorization and the amount of the increase or reduction.\n 10. The names and locations of all banking organizations which have\nmerged pursuant to the provisions of this chapter and the dates upon\nwhich such mergers became effective.\n 11. The name and city or town of residence of every person, whose\ncompensation is to be paid upon the audit and warrant of the\ncomptroller, who has been appointed deputy and of every person who has\nbeen appointed to a position in the exempt class of the classified\nservice as such terms are defined in the civil service law, in the\ndepartment, and the title of the position to which he or she has been\nappointed and the date of appointment. Such other information as the\nsuperintendent deems appropriate.\n 12. The date on which a call pursuant to section thirty-seven of this\nchapter for a periodical report of condition by banks, trust companies\nand private bankers was issued and the day designated as the day as of\nwhich such reports should be made.\n 13. The name and location of every banking organization and branch of\na foreign banking corporation of which the superintendent has taken\npossession for the purpose of liquidation, the date of taking\npossession, and the name and residence of any special deputy\nsuperintendent appointed to assist in the liquidation thereof.\n 14. The name and location of every banking organization of which the\nsuperintendent has surrendered possession pursuant to the provisions of\nsection six hundred seven of this chapter.\n 15. The name and location of every corporate banking organization the\ncreditors and depositors of which have been paid in full by the\nsuperintendent and a meeting of stockholders of which has been called,\nand the date of notice of meeting and date of meeting.\n 16. The name and location of every corporate banking organization the\naffairs and business of which have been finally liquidated and which has\nbeen dissolved.\n 17. The name and location of every private banker the liquidation of\nthe affairs of which has been completed by the superintendent.\n 18. The name and location of every corporate banking organization\nwhich has applied for approval of a change of name, and the name\nproposed.\n * 19. a. The name of every state chartered banking institution, as\ndefined pursuant to section twelve-a of this article, which has applied\nto exercise a federally permitted power pursuant to subdivision three of\nsection twelve-a of this article, a description of such power and the\ndate of such filing.\n b. The intention of the superintendent to issue an order pursuant to\nsubdivision four of section twelve-a of this article, which shall\ninclude a description of the proposed federally permitted power and a\nreference to the state-chartered banking institutions which shall be\npermitted to exercise such power.\n * NB Repealed September 10, 2029\n Every such statement after having been so posted for one week shall be\nplaced on file and kept in the office of the department. All such\nstatements shall be public documents and at all reasonable times shall\nbe open to public inspection.\n