New York Statutes
§ 2429-E — Examination
New York·Law PBA Public Authorities·Title 17 State of New York Mortgage Agency Act·Part 2 No title·Art. 8 Miscellaneous Authorities
§ 2429-e. Examination. At least once in each calendar year the agency\nshall be examined by the superintendent of financial services for the\npurposes of determining the agency's net worth and the soundness of its\nmanagement and operating policies. The agency shall not, however, be\ndeemed to be a banking organization. The agency shall pay the cost of\neach such examination. Copies of each examination report, including the\nfindings, conclusions and recommendations of the examiners, shall be\nfurnished to the agency. The agency shall furnish a complete copy of\neach report, including the findings, conclusions and recommendations of\nthe examiners, to the comptroller.\n
Free access — add to your briefcase to read the full text and ask questions with AI
New York § 2429-E (Examination) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
7
§ 2429
Rentals§ 2429-B
Mortgage insurance fund§ 2429-C
Charges and fees§ 2429-D
Contributions to agency§ 2429-E
Examination