reglab/housing_qa huggingface dataset:
NY Banking L § 641 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 641 - License.

§ 641.  License.  1. No person shall engage in the business of selling or issuing checks, or engage in the  business  of  receiving  money  for transmission  or  transmitting  the  same,  without  a  license therefor obtained from the superintendent as provided in this article, nor  shall any  person engage in such business as an agent, except as an agent of a licensee or as agent of a payee; provided, however, that nothing in this article shall apply to a bank, trust company,  private  banker,  foreign banking  corporation licensed pursuant to article two of this chapter or foreign  banking  company  authorized  to  operate   pursuant   to   the International  Banking  Act  of  1978 (12 USC 3101 et seq.), as amended, savings bank, savings and loan association,  an  investment  company,  a national   banking   association,   federal  reserve  bank,  corporation organized under the provisions of section twenty-five-a  of  an  act  of congress  entitled  the  "Federal  Reserve  Act",  federal savings bank, federal savings and loan association or state or federal credit union.   2. Application for a license required under this article shall  be  in writing,  under  oath, and in the form prescribed by the superintendent, and shall contain the following:  (a) The exact name of the applicant and, if incorporated, the date  of incorporation and the state where incorporated.  (b)  The  complete  address  of  the  principal  office from which the business is to be conducted, and where the  books  and  records  of  the applicant  are  maintained  and to be maintained, showing the street and number, if any, and the municipality and county;  (c) If the  applicant  has  one  or  more  branches,  subsidiaries  or affiliates  engaging in this state in the business of selling or issuing checks, or of receiving money for transmission or transmitting the same, the complete name and address of each;  (d) The name and residence address of the applicant, if an  individual or,  if  a  partnership,  of  its  partners  or,  if  a  corporation  or association, of the directors, trustees and principal officers  thereof, and  of any stockholder owning twenty per centum or more of any class of its stock; and  (e)  Such  other  pertinent  information  as  the  superintendent  may require.   3.  Application for a license shall be accompanied by an investigation fee as prescribed pursuant to section eighteen-a of this chapter,  which shall not be refunded.
NY Banking L § 645 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 645 - Assignment of Claims to Superintendent.

§ 645.  Assignment of claims to superintendent. At the written request   of any claimant or creditor of the licensee whose claim is  based  on  a   transaction,  in  this state, for the sale or issuance of a check or the   receipt of money for transmission or transmission of the same, under the   provisions of this article, the superintendent may, in  his  discretion,   take  an  assignment  of  such  claim  in  trust  for the benefit of the   assigning claimant or creditor and may bring any legal action  necessary   to  collect such claim. Two or more such claims against the licensee may   be combined in one such action.
NY Banking L § 646 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 646 - Investigations, Hearings and Reports.

§ 646.  Investigations,  hearings  and  reports. 1. The superintendent   shall have the power  to  make  such  investigations  and  conduct  such   hearings as he shall deem necessary to determine whether any licensee or   any  other person has violated any of the provisions of this article, or   whether any licensee has conducted  himself  in  such  manner  as  would   justify the suspension or revocation of his license.2.  In  making any investigation or conducting any hearing pursuant to   the provisions of this article, the superintendent, or any  person  duly   designated  by  him,  shall  have  the  power  at  all times to subpoena   witnesses; to take depositions of witnesses residing without the  state,   in  the manner provided for in civil actions in courts of record; to pay   such witnesses the fees and mileage for their  attendance  provided  for   witnesses in civil actions in courts of record; and to administer oaths.   He  shall  also  have  the  power  to  compel  by  order or subpoena the   production of and to examine all relevant books, records,  accounts  and   other  documents.  Any  person  who  fails  to  obey  the command of the   subpoena without reasonable excuse, or refuses without reasonable  cause   to  be  served or to be examined or to answer a question or to produce a   book or paper when ordered so  to  do,  or  fails  to  perform  any  act   required  hereunder to be performed, shall be subject to the compulsions   in such cases made and provided by law, and if the  person  be  licensed   hereunder,  the superintendent shall have the right to suspend or revoke   the license.3. The superintendent may require of any licensee such reports,  under   oath  or otherwise, concerning the licensee's business in this state, as   he may deem necessary for the enforcement of this article.4. All reports of investigations and other reports  rendered  pursuant   to  this  section,  and  all  correspondence and memoranda concerning or   arising out of  such  investigations  or  reports,  including  any  duly   authenticated  copy  or copies thereof in the possession of any licensee   or  the  department  of  financial  services,  shall   be   confidential   communications,  shall  not be subject to subpoena and shall not be made   public unless, in the  judgment  of  the  superintendent,  the  ends  of   justice  and  the  public advantage will be subserved by the publication   thereof, in which event the superintendent may publish or authorize  the   publication  of  a copy of any such report or other material referred to   in this subdivision, or any part thereof,  in  such  manner  as  may  be   deemed   proper.   For   purposes   of  this  subdivision,  "reports  of   investigations, and other reports rendered pursuant to this section  and   all  correspondence  and  memoranda  concerning  or  arising out of such   investigations or reports" shall have the same meaning as such terms are   defined pursuant to  subdivision  ten  of  section  thirty-six  of  this   chapter.
NY Banking L § 647 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 647 - Judicial Review.

§ 647.  Judicial  review.  The  refusal  by  the  superintendent of an   original license, in the case of an applicant which,  prior  to  January   first,  nineteen  hundred  sixty-three, and upon the date of filing such   application, has lawfully been engaged in this state in the business  of   selling  or  issuing  checks  or  of receiving money for transmission or   transmitting the same, and in all cases the suspension or revocation  of   any  license  by the superintendent, shall be subject to judicial review   in the manner in such cases made and provided by law.
NY Banking L § 648 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 648 - Agents.

§ 648.  Agents.  A  licensee  may  conduct its business at one or more locations within this state, as follows:  (a) The business may be conducted through or by means of agents as the licensee may from time to time designate or appoint and,  in  no  event, shall  the  business  of  money  transmission  be  conducted  through  a subagent.  (b) No license under this article shall be required of any agent of  a licensee  in cases in which such agent is acting on behalf of a licensee under, and in accordance with, an agency contract except as provided  in subdivision (c) of this section.  (c)  An  agent,  other  than  a  person  expressly  excepted  from the application of this article, who sells or delivers the licensee's checks over-the-counter to the public shall not be exempt from licensing  under this  article  if  such  agent  in the ordinary conduct of such business receives or at any time has access to (1) the licensee's  checks  which, having been paid, are returned through banking channels or otherwise for verification or for reconciliation or accounting with respect thereto or (2)  bank  statements  relating  to checks so returned. No license under this article shall be required of  an  agent,  including  a  general  or managing  agent, of a licensee who does not directly sell or deliver the licensee's checks over-the-counter to the public.
NY Banking L § 649 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 649 - Rules and Regulations.

§ 649.  Rules and regulations. The superintendent is hereby authorized   and empowered to make such rules and regulations as may in his  judgment   be necessary or appropriate for the enforcement of this article.
NY Banking L § 651 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 651 - Investments.

§ 651.  Investments.  Every  licensee  shall  at  all  times  maintain   permissible  investments  having  (i)  a  market  value,   computed   in   accordance with generally accepted accounting principles, at least equal   to   the  aggregate  of  the  amount  of  all  its  outstanding  payment   instruments and all its outstanding traveler's  checks  or  (ii)  a  net   carrying   value,   computed   in  accordance  with  generally  accepted   accounting principles, at least equal to the aggregate of the amount  of   all   its  outstanding  payment  instruments  and  all  its  outstanding   traveler's checks so long  as  the  market  value  of  such  permissible   investments  is  at  least  eighty per centum of the net carrying value.   Notwithstanding  the  foregoing  provisions   of   this   section,   the   superintendent shall have the authority, for good cause shown, to exempt   from the requirements of this section any licensee.
NY Banking L § 651-A (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 651-A - Remittances.

§ 651-a.  Remittances. 1. Each agent of a licensee which sells any New   York instruments or New York traveler's checks issued by  such  licensee   shall, and each licensee shall so require each of its agents which sells   any  New  York  instruments or New York traveler's checks issued by such   licensee to report such sale and remit  the  face  amount  of  New  York   instruments  and New York traveler's checks to such licensee within such   period of time as the licensee requires within the normal course of  its   business or as the superintendent, by rule or regulation, may prescribe.   For  purposes  of  this  section, remittance shall include either direct   payment of such funds to the licensee or the deposit of such funds in  a   banking  organization,  national  bank,  federal  savings  bank, federal   savings and  loan  association,  federal  credit  union,  or  a  banking   institution  chartered under the laws of another state or country, in an   account in the name of such licensee specifically  established  for  the   purpose  of  receiving  such  funds.  Remittance  by  such agent to such   licensee or deposit by such agent in such account or its  equivalent  of   funds  in  advance of the sale of such New York instruments and New York   traveler's checks, in an amount not less  than  the  amount  said  agent   would  normally  receive from such sales of New York instruments and New   York traveler's checks, shall be deemed compliance with  the  provisions   of this section.2. Every agent of a licensee shall remit all moneys owed such licensee   in  accordance  with  the terms of the contract between the licensee and   such agent. Any intentional or negligent failure of an  agent  to  remit   all  moneys  due and owing the licensee within the time provided in such   contract shall result in the agent's civil liability to the licensee for   three times the licensee's damages. The  superintendent  may,  by  rule,   establish the maximum period of time for remittance.
NY Banking L § 651-B (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 651-B - Maintenance of Books and Records by Agents.

§ 651-b.  Maintenance  of  books  and records by agents. Each licensee   shall require of each of its agents to  make  and  keep  such  accounts,   correspondence,  memoranda,  papers,  books  and  other  records  as the   superintendent by regulation or order requires. All records so  required   shall  be preserved for the time specified by the regulation or order of   the superintendent.
NY Banking L § 652 (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 652 - Severability.

§ 652.  Severability.  If  any  provision  of  this  article,  or  the   application of such provision to any person or  circumstance,  shall  be   held invalid, the remainder of this article, and the application of such   provision  to  persons  or circumstances other than those to which it is   held invalid, shall not be affected thereby.
NY Banking L § 652-B (2021)
2021 New York Laws BNK - Banking Article 13-B - Transmitters of Money 652-B - Tying Arrangements.

§ 652-b.   Tying  arrangements.  1.  It  shall  be  unlawful  for  any   transmitter of money or its  officers,  affiliates  or  subsidiaries  to   enter  into  an  agreement with a check casher, licensed pursuant to the   provisions of article nine-A of this chapter, whereby credit is extended   to the check casher at the same time as, and on the condition that,  the   transmitter  of  money  enters  into  an agreement with the check casher   whereby the check casher will (1) sell only the New York instruments  or   New  York  traveler's checks of the transmitter of money or (2) agree to   the exclusive use of any of the other services  of  the  transmitter  of   money.  This section shall not apply to the issuance by a transmitter of   money  of  a  guarantee  of  any indebtedness of a check casher licensed   pursuant to the provisions of article nine-A of this chapter.2. For purposes of this section the term "transmitter of money"  means   a  licensee,  as  such term is defined in subdivision two of section six   hundred forty of this article, a bank, trust  company,  private  banker,   savings  bank,  savings  and  loan  association,  credit  union, foreign   banking corporation licensed pursuant to article five of  this  chapter,   national  banking association, federal savings bank, federal savings and   loan  association,  federal  credit  union,  foreign   banking   company   authorized  to operate pursuant to the international banking act of 1978   (12 USC 3101 et seq.), as amended,  and  an  investment  company,  which   either  directly  or through agents transacts the business in this state   of selling or issuing  New  York  instruments  or  New  York  traveler's   checks.For purposes of this section the terms "New York instruments" and "New   York  traveler's  checks"  shall  have  the  meaning ascribed to them by   section six hundred fifty-three of this chapter.
NY Banking L § 654 (2021)
2021 New York Laws BNK - Banking Article 13-C - State Transmitter of Money Insurance Fund 654 - Purpose of the Fund.

§ 654. Purpose of the fund. There is hereby created a fund to be known   as  the  "state transmitter of money insurance fund". The purpose of the   fund  shall  be  to  insure  the  New  York  instruments  of   uninsured   transmitters  of  money  which,  by  reason of insolvency, bankruptcy or   other inability to pay, have defaulted in making payment  on  their  New   York  instruments,  whether  such default has occurred prior to or after   the effective date of this act.
NY Banking L § 655 (2021)
2021 New York Laws BNK - Banking Article 13-C - State Transmitter of Money Insurance Fund 655 - Maximum Amount of Insurance.

§ 655.  Maximum  amount  of insurance. 1. Subject to the provisions of   subdivisions two and three  of  this  section,  the  maximum  amount  of   insurance  that any claimant shall be entitled to shall be determined by   the superintendent after taking into account the amount of  claims,  the   amount  of  the  fund,  including  the  authority  of  the  fund to make   assessments pursuant to section six hundred fifty-seven of this article,   and any claim for recovery which the fund would  have  pursuant  to  the   provisions of section six hundred forty-three of this chapter.2.  No  insurance shall be paid on any New York instrument payable for   an amount in excess of one thousand dollars, other than those  New  York   instruments issued for the purpose of paying utility bills.3.  The  maximum  amount  of  insurance  which  any  claimant shall be   entitled to shall be determined as follows:a. If the claimant is a purchaser, the  maximum  amount  of  insurance   which  such  purchaser  shall  be  entitled  to  on all insured New York   instruments purchased by said purchaser shall be five thousand dollars.b. If the claimant is a holder, the maximum amount of insurance  which   such  holder  shall be entitled to shall be the aggregate of the amounts   which would have been due to the purchasers  of  the  insured  New  York   instruments  held  by  the  holder,  had the instruments remained in the   possession of the purchasers, rather than the holder.
NY Banking L § 657 (2021)
2021 New York Laws BNK - Banking Article 13-C - State Transmitter of Money Insurance Fund 657 - Payments to the Fund.

§ 657.  Payments  to  the fund. In the event the fund has borrowed any   monies from the property and liability insurance security fund  pursuant   to  the  provisions  of section six hundred fifty-eight of this chapter,   and has any debt outstanding thereto,  or  in  the  event  an  uninsured   transmitter  of  money  is  declared,  or  declares itself, insolvent or   defaults on its New York instruments, the fund shall levy an  assessment   upon  each uninsured transmitter of money. The amount of such assessment   shall be determined by the superintendent provided, however,  that  each   uninsured  transmitter of money shall be assessed ratably, in proportion   to the average of the dollar amounts of the New York instruments  issued   by  such  uninsured  transmitter of money outstanding at the end of each   calendar quarter for the calendar  year  preceding  that  in  which  the   assessment  is  made,  and  provided,  further, that no such assessments   shall be levied once the net value of the fund shall equal  such  amount   as  the  superintendent shall have determined to be necessary to protect   the interests of the purchasers and holders of New York instruments.  In   making his determination, the superintendent shall consider the scope of   the  risk  covered  by the fund, the expenses incurred or expected to be   incurred by the fund, the amount of any loans and advances to the  fund,   and the interest thereon.In no event shall the total amount so assessed in any one year against   any  uninsured  transmitter of money pursuant to this section exceed two   per centum of the New York instruments of such uninsured transmitter  of   money  which  were outstanding at the end of the calendar year preceding   that in which such assessments  are  made  or  one  hundred  twenty-five   thousand  dollars, whichever is less. The net value of the fund shall be   determined by deducting from the value of the assets  of  the  fund  the   aggregate  actual and estimated liabilities of the fund as determined by   the superintendent.
NY Banking L § 659 (2021)
2021 New York Laws BNK - Banking Article 13-C - State Transmitter of Money Insurance Fund 659 - Rules and Regulations.

§ 659.  Rules and regulations. The superintendent is hereby authorized   and empowered to make such rules and regulations as may in his  judgment   be necessary or appropriate for the enforcement of this article.
NY Banking L § 661 (2021)
2021 New York Laws BNK - Banking Article 13-D - Misconduct Relating to Banking Organizations 661 - Officer or Agent of Banking Corporation or a Private Banker Making Guaranty or Endorsement Beyond the Legal Limit.

§ 661.  Officer  or  agent  of banking corporation or a private banker   making guaranty or endorsement beyond the legal  limit.  An  officer  or   agent  of any banking corporation, or a private banker or his agent, who   makes or  delivers  any  guaranty  or  indorsement  on  behalf  of  such   corporation  or  private  banker,  whereby  such  corporation or private   banker may become liable on any of its or his discounted notes, bills or   obligations, in a sum beyond the amount of  loans  and  discounts  which   such  corporation  or  private  banker  may legally make, is guilty of a   misdemeanor.
NY Banking L § 662 (2021)
2021 New York Laws BNK - Banking Article 13-D - Misconduct Relating to Banking Organizations 662 - Bank Officer or Employee Overdrawing His Account or Asking for or Receiving Commissions or Gratuities From Persons Procuring Loans or Making Overdraft

§ 662.  Bank officer or employee overdrawing his account or asking for   or receiving commissions or gratuities from persons procuring  loans  or   making  overdrafts  of  their  accounts.  Any  officer, director, agent,   teller, clerk or employee of  any  bank,  banking  association,  savings   bank, trust company or private banker, who:1.   Knowingly   overdraws   his   account  with  such  bank,  banking   association, savings bank, trust company or private banker, and  thereby   obtains the money, notes or funds of any such bank, banking association,   savings bank, trust company or private banker; or2. Asks or receives, or consents or agrees to receive, any commission,   emolument,  gratuity  or  reward,  or  any  promise  of  any commission,   emolument, gratuity or reward, or any money, property or thing of  value   or  of  personal  advantage, for procuring or endeavoring to procure for   any person, firm or corporation, any  loan  from,  or  the  purchase  or   discount  of  any  paper, note, draft, check or bill of exchange, by any   such bank, banking association, savings bank, trust company  or  private   banker,  or  for  permitting any person, firm or corporation to overdraw   any account with such bank, banking  association,  savings  bank,  trust   company or private banker,Is guilty of a misdemeanor.
NY Banking L § 663 (2021)
2021 New York Laws BNK - Banking Article 13-D - Misconduct Relating to Banking Organizations 663 - Receiving Deposits in Insolvent Bank.

§ 663. Receiving deposits in insolvent bank. An officer, agent, teller   or  clerk  of  any  bank, banking association or savings bank, and every   private banker or his agent and any teller or clerk of a private  banker   or  any  officer, agent or clerk of any corporation transacting any part   of the business which a banking corporation  is  authorized  by  law  to   transact who receives any deposit, knowing that such bank or association   or  banker  or  corporation is insolvent, is guilty of a misdemeanor, if   the amount or value of such deposit be less than twenty-five dollars; if   the amount or value of such deposit be twenty-five dollars or over, such   person shall be guilty of a felony.
NY Banking L § 664 (2021)
2021 New York Laws BNK - Banking Article 13-D - Misconduct Relating to Banking Organizations 664 - Unlawful Investments by Officers of Mutual Savings Banks.

§ 664.  Unlawful investments by officers of mutual savings banks.  Any   officer or trustee of a mutual savings bank authorizing  or  making  any   investment of the funds of the bank in securities not authorized by law,   is guilty of a misdemeanor.