reglab/housing_qa huggingface dataset:
NY Banking L § 201 (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 201 - Conditions to Be Complied With by Foreign Banking Corporations Applying for Initial License.

§ 201.  Conditions to be complied with by foreign banking corporations   applying for initial license. Every foreign banking  corporation  before   being  licensed  by  the  superintendent  to  transact in this state the   business of buying, selling, paying or collecting bills of exchange,  or   of  issuing  letters of credit or of receiving money for transmission or   transmitting the same by draft, check, cable or otherwise, or of  making   loans,  or  receiving  deposits,  and  before  being  authorized  by the   superintendent to exercise the fiduciary powers specified in section two   hundred one-b of this chapter, or any part of such business,  or  before   maintaining  in  this state its initial agency or branch for carrying on   such business or any part thereof, shall subscribe and  acknowledge  and   submit  to  the superintendent at his office, an application certificate   in duplicate, which shall specifically state:1. The name of such foreign banking corporation.2. The place where its business is to be transacted in this state; and   if such business is to be conducted through an agency in this state, the   name of the agent  or  agents  through  whom  such  business  is  to  be   transacted;  and if such business is to be transacted in this state by a   branch of said foreign banking corporation, the name of the  person  who   shall be in charge of the business and affairs of such branch.3.  The  amount  of  its  capital actually paid in cash and the amount   subscribed for and unpaid.4. The actual value of the assets of such corporation, which  must  be   at  least  one  million  dollars  in  excess  of  its liabilities; and a   complete and detailed statement of its financial condition as of a  date   prior  to  the  date  of  such  application as the superintendent in his   discretion may determine.At  the  time  such  application  certificate  is  submitted  to   the   superintendent, such corporation shall also submit a duly exemplified or   otherwise  authenticated copy of its charter and a verified or otherwise   authenticated copy of its by-laws, or an equivalent thereof satisfactory   to the superintendent,  and  pay  an  investigation  fee  as  prescribed   pursuant  to  section  eighteen-a of this chapter to be collected by the   superintendent.
NY Banking L § 201-A (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 201-A - Rights and Privileges of Foreign Banking Corporation Under License; Effect of Revocation.

§ 201-a.  Rights  and  privileges of foreign banking corporation under   license; effect of revocation. 1. When  the  superintendent  shall  have   issued  a  license  as provided in section twenty-six of this chapter to   any such foreign banking corporation, it  may  engage  in  the  business   specified  in  sections  two hundred and two hundred one of this article   either as an agency or as a branch at the  location  specified  in  such   license  for  a  period  not  exceeding  one  year from the date of such   license  or,  if  such  license  so  provides,  until  such  license  is   surrendered  or revoked. A license issued for a period not exceeding one   year may, upon  the  approval  of  the  superintendent,  be  renewed  as   provided in section twenty-six of this chapter. No such license shall be   transferable  or  assignable.  Every  such license shall be at all times   conspicuously displayed in the place of business specified  therein.  In   the   event   that   such   license  shall  have  been  revoked  by  the   superintendent, as provided in article two of this chapter, it shall  be   surrendered  to  the  superintendent within twenty-four hours after such   corporation has received written notice of such revocation.2. Whenever the superintendent shall have revoked any such license and   shall have taken the action to make such revocation effective  specified   in  article  two  of this chapter, all the rights and privileges of such   foreign banking corporation to transact the business thus licensed shall   forthwith cease and determine.
NY Banking L § 201-B (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 201-B - Fiduciary Powers of Foreign Banking Corporations.

§ 201-b.  Fiduciary  powers  of  foreign  banking  corporations. Every   foreign banking corporation licensed pursuant to  article  two  of  this   chapter  to maintain one or more branches or agencies in this state, and   holding an authorization certificate issued  pursuant  to  this  section   may,  subject  to  such  further  limitations  and  restrictions  as the   superintendent may prescribe, exercise the powers described in  sections   one  hundred,  one  hundred-a,  one  hundred-b and one hundred-c of this   chapter to the same extent, and subject to  the  same  requirements  and   restrictions  and  effect as apply in the case of trust companies in the   exercise of such powers.The superintendent shall, within sixty days of the receipt by him of a   request for such authorization, issue to a foreign  banking  corporation   licensed pursuant to article two of this chapter to maintain one or more   branches  or  agencies  in this state, a certificate of authorization to   exercise the fiduciary powers referred to in this section at all  or  at   any  one  or more of its authorized branches or agencies, if he shall be   satisfied that such powers will be  exercised  in  accordance  with  the   requirements  of  this  chapter.  The  superintendent  may, after giving   notice of the contemplated  action  and  reasonable  opportunity  to  be   heard,  revoke  any  such  certificate of authorization if he shall find   that a foreign banking corporation so authorized has failed  to  conform   to  any  requirement  of  this  chapter  relating to the conduct of such   business. Such revocation may apply to one or  more  of  the  authorized   branches or agencies of a foreign banking corporation.
NY Banking L § 201-C (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 201-C - Notice of Acquisition of Control or Merger.

§ 201-c.  Notice  of  acquisition  of  control or merger. 1. A foreign   banking corporation licensed pursuant to article two of this chapter  to   maintain  a  branch  or  agency  in  this  state  shall  file  with  the   superintendent a notice, in such form and containing such information as   the superintendent may prescribe, no later than fourteen  calendar  days   after  such foreign banking corporation becomes aware of any acquisition   of control of such corporation or merges with  another  foreign  banking   corporation.2.  Control, for purposes of this section, means any person or entity,   or  group  of  persons  or  entities  acting  in  concert,  directly  or   indirectly,   owning,   controlling  or  holding  with  power  to  vote,   twenty-five percent or more of any class of voting stock of such foreign   banking corporation, or having the ability in  any  manner  to  elect  a   majority  of  the  directors  of  such  foreign  banking corporation, or   otherwise exercising a controlling influence  over  the  management  and   policies   of  such  foreign  banking  corporation  as  defined  by  the   superintendent by regulation.
NY Banking L § 202 (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202 - Rates of Interest; Installment Obligations; Personal Loan Departments; Effect of Usury

§  202.  Rates  of  interest;  installment  obligations; personal loan   departments; effect of usury. Branches and agencies of  foreign  banking   corporations  licensed  to  do business in this state may make loans and   offer extensions of credit to the same extent and subject  to  the  same   conditions as banks and trust companies may make loans and extend credit   pursuant  to  the  provisions of subdivisions four-a and five of section   one hundred three of this chapter and section one hundred eight of  this   chapter.  Without  limiting the foregoing, a foreign banking corporation   licensed pursuant to article two of this chapter to maintain one or more   branches or agencies in this state, may, in pursuance of  its  otherwise   lawful  powers  under  this chapter, take, receive, reserve or charge on   any loan or discount made, or upon any note, bill of exchange  or  other   evidence  of  debt,  negotiable  or otherwise, interest at such rate and   such other charges and  fees  as  a  bank  or  trust  company  shall  be   permitted  to  charge  under the provisions of the laws of this state or   the laws of the United States, with respect to the same class or classes   of loans or transactions to which such rate or  such  charges  and  fees   shall be applicable.
NY Banking L § 202-A (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202-A - Restrictions on Receiving Deposits.

§ 202-a.  Restrictions  on  receiving  deposits.  1. A foreign banking   corporation licensed pursuant to article two of this chapter to maintain   one or more agencies in this state shall not engage in the  business  of   receiving deposits in this state; provided (a) that such foreign banking   corporation  may  maintain  for  the  account  of others credit balances   incidental to, or arising out of, the exercise of its lawful powers; and   (b) that the superintendent of financial services is authorized to adopt   regulations that permit a foreign banking corporation, licensed pursuant   to article two of this chapter to maintain one or more agencies in  this   state,  to  issue  to  a corporation, partnership, trust, unincorporated   association, joint stock association or similar association  obligations   each  in  a  principal  amount  of  not  less  than one hundred thousand   dollars; and (c)  that  such  foreign  banking  corporation  may  accept   deposits  other  than from citizens or residents of the United States as   the superintendent shall define by regulation.2. A foreign banking corporation organized under the laws of a foreign   country may be licensed pursuant to  article  two  of  this  chapter  to   maintain  a  branch  or  branches  in  this  state and may engage in the   business of receiving deposits in this state.3. The superintendent  of  financial  services  shall  have  power  to   prescribe, by specific or general regulation, to the extent to which and   the  conditions upon which, the deposits and credit balances in agencies   and branches in this  state  of  foreign  banking  corporations  may  be   established, maintained and paid out.
NY Banking L § 202-C (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202-C - Reserves Against Deposits.

§ 202-c.   Reserves   against  deposits.  Each  such  foreign  banking   corporation which is authorized to maintain a branch or branches in this   state shall maintain such reserves against the deposits of  such  branch   or  branches  as  may  be required from time to time by the laws of this   state to be maintained by banks and trust companies. Such reserves shall   be maintained, subject to call, as provided by sections thirty-three and   one hundred seven of this chapter;  provided,  however,  that  any  such   foreign  banking  corporation  which  maintains  reserves with a federal   reserve bank pursuant to federal law shall be exempt from the  preceding   provisions  of  this  section  so  long  as  it  shall  comply  with the   requirements of such  law  with  reference  to  reserves,  and  provided   further that the superintendent of financial services may determine that   it  is  necessary  or  appropriate  to  require  such  a foreign banking   corporation to maintain additional reserves against the deposits of  its   branch  or  branches  in  this  state,  taking  into  consideration  the   character of business conducted by such institutions  and  the  need  to   maintain  vigorous  and fair competition between and among such branches   and banks organized under the  laws  of  this  state.  As  to  any  such   additional reserves which are required to be maintained pursuant to this   section,  to the extent permitted by the superintendent, amounts carried   on the books of any such branch or branches as credits to the account of   another office or branch or wholly owned (except for a nominal number of   directors' shares) subsidiary of such foreign banking corporation  shall   not be deemed to be deposits.
NY Banking L § 202-D (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202-D - Foreign Banking Corporation May Not Maintain Both Agencies and Branches in This State.

§ 202-d.  Foreign  banking  corporation may not maintain both agencies   and branches in this state. No foreign banking corporation  licensed  to   maintain  one  or  more  agencies  in  this  state  shall be licensed to   maintain a branch in this state except upon termination of the operation   of such agency or agencies; and no foreign banking corporation  licensed   to  maintain  one  or  more  branches in this state shall be licensed to   maintain an  agency  in  this  state  except  upon  termination  of  the   operation of such branch or branches.
NY Banking L § 202-F (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202-F - Restrictions on Loans, Purchases of Securities and Total Liabilities of Any One Person to New York Branch or Agency of Foreign Bank.

§ 202-f.  Restrictions  on  loans,  purchases  of securities and total   liabilities of any one person to New York branch or  agency  of  foreign   bank.  Before  opening  a  branch  or agency in this state, and annually   thereafter so long as a branch or agency is maintained in this state,  a   foreign  banking  corporation,  licensed pursuant to article two of this   chapter, shall certify to the superintendent the amount of  its  paid-in   capital  stock,  its  surplus  fund  and  its  undivided  profits,  each   expressed in the currency of  the  country  of  its  incorporation,  the   dollar  equivalent of which amount, as determined by the superintendent,   shall be deemed to be the amount of its capital stock, surplus fund  and   undivided  profits.  Loans,  purchases  and discounts of notes, bills of   exchange, bonds, debentures and other  obligations,  and  extensions  of   credit  and  acceptances  by  a  branch  or  agency of a foreign banking   corporation within this state shall be subject to the  same  limitations   as  to  amount in relation to capital stock, surplus fund, and undivided   profits as are applicable to  banks  and  trust  companies  pursuant  to   article  three  of  this chapter, provided, however, that with the prior   approval of the superintendent of financial services, the capital  notes   and  capital  debentures  of  such  foreign  banking  corporation may be   treated as capital stock in computing such limitations.
NY Banking L § 202-G (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202-G - Succession to Agency by Branch and to Branch by Agency.

§ 202-g.  Succession  to  agency  by  branch  and to branch by agency.   Notwithstanding any other provision of this chapter, the  superintendent   may,  subject  to  such  regulations  as  he  may  adopt,  authorize the   conversion of a foreign banking corporation agency to a  branch  or  the   conversion of a foreign banking corporation branch to an agency.When  a  foreign  banking  corporation shall be licensed to conduct in   this state a branch in lieu of an agency theretofore conducted by it  or   to  conduct  an  agency  in  this  state in lieu of a branch theretofore   conducted by it, the preceding form  of  organization  shall,  with  the   approval of the superintendent, be converted into the succeeding form of   organization  of  such  foreign  banking  corporation  and  all  of  the   liabilities of such foreign banking corporation  previously  payable  at   the  office  where  such  preceding form of organization shall have been   conducted shall thereafter be payable at the  office  of  the  successor   form of organization.In  the event that the successor form of organization shall succeed to   assets in which it would not have had  legal  power  to  invest  in  its   successor  form,  or,  in  the  event the successor form of organization   shall succeed to liabilities which the successor  form  of  organization   would  not  have  had  power to incur, it shall liquidate such assets or   liabilities within the next succeeding twelve calendar months unless the   superintendent shall, in his discretion, extend such period of  time  in   the interest of the orderly conduct of such branch or agency.
NY Banking L § 202-I (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202-I - Safe Deposit Business of Branches.

§ 202-i.  Safe deposit business of branches. Each such foreign banking   corporation which is authorized to maintain a branch or branches in this   state may (a) receive upon deposit for safe-keeping for hire upon  terms   and  conditions  to  be  prescribed by such foreign banking corporation,   money, securities, papers of any kind and any other  personal  property,   and  (b)  engage  in  the  safe deposit business by renting vaults, safe   deposit boxes or other receptacles  upon  premises  of  such  branch  or   branches,  upon  such  terms and conditions as may be prescribed by such   foreign corporation.
NY Banking L § 202-J (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 202-J - Power to Act as Trustee Under Self-Employed Retirement Trust or Individual Retirement Trust.

§ 202-j.  Power to act as trustee under self-employed retirement trust   or individual retirement trust. Each such  foreign  banking  corporation   which  is  authorized to maintain a branch or branches in this state the   deposits  of  which  are  insured  by  the  federal  deposit   insurance   corporation  or any successor may, subject to any regulations prescribed   by the superintendent of financial services, act through any such branch   as  trustee  under  a  retirement  plan  established  pursuant  to   the   provisions  of  the  act of congress entitled "Self-employed Individuals   Tax Retirement Act of 1962" as such provisions may be amended from  time   to  time,  and  under  an individual retirement account plan established   pursuant to the amendments to the provisions  of  the  Internal  Revenue   Code  contained  in  the  act  of congress entitled "Employee Retirement   Income Security Act of 1974" as such provisions may be amended from time   to time, provided that the provisions of such retirement  or  individual   retirement  account  plan require the funds of such trust to be invested   exclusively in deposits of  branches  of  foreign  banking  corporations   located  in  this state the deposits of which are insured by the federal   deposit insurance corporation or any successor and in deposits of banks,   trust companies, savings banks, savings and loan  associations,  federal   mutual  savings  or  federal  savings  banks or federal savings and loan   associations whose principal offices are located in this state.  In  the   event  that  any  such retirement or individual retirement account plan,   which in the judgment of the foreign banking corporation  constituted  a   qualified  plan  under  the provisions of the applicable act of congress   hereinabove mentioned and the regulations promulgated thereunder at  the   time  the  trust  was  established  and  accepted by the foreign banking   corporation is subsequently determined not to be such a  qualified  plan   or subsequently ceases to be such a qualified plan, in whole or in part,   the  foreign  banking  corporation may, nevertheless, continue to act as   trustee of any deposits theretofore made under such plan and to  dispose   of  the  same in accordance with the directions of the depositor and the   beneficiaries thereof. No foreign banking  corporation,  in  respect  to   deposits  made  under  this section, shall be required to segregate such   deposits from  other  deposits  of  such  foreign  banking  corporation,   provided,  however,  that  the  foreign  banking  corporation shall keep   appropriate records showing in proper detail all transactions engaged in   under the authority of this section.
NY Banking L § 203 (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 203 - Change of Location, Name or Business.

§ 203. Change of location, name or business.Any  foreign  corporation  licensed  pursuant  to  article two of this   chapter to engage  in  business  in  this  state,  may  make  a  written   application  to  the  superintendent  for leave to do one or more of the   following:1. To change its place of business from the place  designated  in  its   license  to  another place in this state. An application for such change   shall be accompanied by an investigation fee as prescribed  pursuant  to   section eighteen-a of this chapter.2. To change its corporate name if such change has been effected under   the laws of the jurisdiction of its incorporation.3.  To  enlarge,  limit  or  otherwise  change  the  business which it   proposes to do in this state.
NY Banking L § 204 (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 204 - Reports of Foreign Banking Corporations; Penalties.

§ 204.  Reports  of  foreign  banking  corporations;  penalties. Every   foreign banking corporation licensed by the superintendent to engage  in   business  in  this  state,  shall  at such times and in such form as the   superintendent  shall   prescribe,   make   written   reports   to   the   superintendent under the oath of one of its officers, managers or agents   transacting business in this state, showing the amount of its assets and   liabilities  and  containing  such  other  matters as the superintendent   shall prescribe. If any such corporation shall fail  to  make  any  such   report  as  directed  by  the superintendent, it shall be subject to the   penalties prescribed by section one hundred twenty-five of this chapter,   and any false statement contained in any such report  or  in  any  other   sworn  statement  made  to  the  superintendent  by  such corporation in   pursuance of the provisions of this chapter  shall  constitute  perjury.   Nothing  herein  contained shall be deemed to modify the prohibitions of   section one hundred thirty-one of this chapter.