reglab/housing_qa huggingface dataset:
NY Banking L § 206 (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 206 - Termination of Existence.

§ 206.  Termination  of  existence. When a foreign banking corporation   licensed pursuant to article two of this chapter  is  dissolved  or  its   authority  or  existence  is  otherwise  terminated  or cancelled in the   jurisdiction of its incorporation, a certificate of  the  superintendent   of financial services, or official performing the equivalent function as   to records of banking corporations, of the jurisdiction of incorporation   of  such  foreign banking corporation attesting to the occurrence of any   such event or a certified copy of an order or decree of a court of  such   jurisdiction   directing   the   dissolution  of  such  foreign  banking   corporation, the termination of its existence or the cancellation of its   authority shall be delivered to the superintendent. The  filing  of  the   certificate,  order  or  decree  shall  have  the  same  effect  as  the   revocation of its license under  section  forty  of  this  chapter.  The   superintendent   shall   continue   as  agent  of  the  foreign  banking   corporation upon whom process against it may be served in any action  or   special  proceeding  based  upon any liability or obligation incurred by   the foreign banking corporation within this state prior to the filing of   such certificate, order or decree and he shall promptly cause a copy  of   such  process to be mailed by registered mail, return receipt requested,   to such foreign corporation at the post office address on  file  in  his   office  specified  for  such  purpose.  The  post  office address may be   changed in the manner provided in section two hundred of this article.
NY Banking L § 208 (2021)
2021 New York Laws BNK - Banking Article 5 - Foreign Banking Corporations and National Banks 208 - Nondiscriminatory Treatment of Insured State Banks and National Banks.

§ 208. Nondiscriminatory treatment of insured state banks and national   banks. Notwithstanding any other laws of this state, a state bank, which   is  incorporated  in  another  state  and  whose deposits are insured by   Federal Deposit Insurance Corporation, shall have the  same  protection,   privileges  and  immunities,  including the right to sue, collect debts,   realize on collateral security, enforce liens, claims  and  obligations,   and  protect  its  property  in  this  state,  as  a national bank whose   principal office is located in the same state as such  state  bank,  and   such state bank and its shares, securities and evidences of indebtedness   shall  enjoy the same privileges, protections and immunities as those of   such a national bank  and  shall  not  be  subject  to  any  disability,   incapacity,  restriction,  regulation,  penalty,  fee,  fine or taxation   which is not imposed by this state in the case of such a national  bank,   provided  however  that this section shall not apply with respect to any   state bank and its shares,  securities  and  evidences  of  indebtedness   unless  such  state  bank's  state  of  incorporation has a statute with   provisions substantially similar to this section which is applicable  to   a  state  bank  incorporated  in this state. As used in this section the   term "state bank" shall mean any commercial bank or trust company.
NY Banking L § 210 (2021)
2021 New York Laws BNK - Banking Article 5-A - New York Business Development Corporation 210 - Establishment.

§ 210.  Establishment.  1. There is hereby created a corporation which   shall be known as  the  "New  York  Business  Development  Corporation".   Process  in  any  action  or  proceeding against such corporation may be   served upon the secretary of state, as agent  of  such  corporation  for   such  purpose.  If  such corporation fails to commence business by April   first, nineteen hundred fifty-eight, its existence shall  terminate  and   the provisions of this article shall become null and void.2.  The  business  corporation  law  applies  to the New York Business   Development Corporation, except that in case of a conflict  between  the   business corporation law and this article the provisions of this article   shall  govern.  If  there  is  in this article a provision relating to a   matter embraced in the business corporation  law  and  not  in  conflict   therewith,   both   provisions   shall  apply.  The  New  York  Business   Development  Corporation  shall  be  treated  as  a  "corporation",   or   "domestic   corporation",  as  such  terms  are  used  in  the  business   corporation law, except that the purposes for which such corporation  is   formed under this article shall not thereby be extended.3.  For the purpose of this section and elsewhere in this article, the   effective date of the business  corporation  law  as  to  the  New  York   Business  Development  Corporation  shall  be  September first, nineteen   hundred sixty-four.
NY Banking L § 211 (2021)
2021 New York Laws BNK - Banking Article 5-A - New York Business Development Corporation 211 - Economic Regions.

§ 211.  Economic  regions. For the purposes of this article, the state   is hereby divided into twelve economic regions, as follows:1. Binghamton region. The counties of Broome, Chenango,  Delaware  and   Otsego.2.  Capital district-Champlain region. The counties of Clinton, Essex,   Rensselaer,  Albany,  Saratoga,  Schoharie,  Schenectady,   Warren   and   Washington.3.  Elmira  region.  The counties of Chemung, Schuyler, Steuben, Tioga   and Tompkins.4. Mid-Hudson region. The  counties  of  Dutchess,  Columbia,  Greene,   Orange, Putnam, Sullivan and Ulster.5.  Mohawk  Valley region. The counties of Fulton, Hamilton, Herkimer,   Montgomery and Oneida.6. Nassau-Suffolk region. The counties of Nassau and Suffolk.7. New York city region. The  counties  of  Bronx,  Kings,  New  York,   Queens and Richmond.8. Niagara-southwestern region. The counties of Allegany, Cattaraugus,   Chautauqua, Erie and Niagara.9. Northern region. The counties of Franklin, Jefferson, Lewis and St.   Lawrence.10.  Rochester  region.  The  counties of Genesee, Livingston, Monroe,   Ontario, Orleans, Seneca, Wayne, Wyoming and Yates.11. Syracuse  region.  The  counties  of  Cayuga,  Cortland,  Madison,   Onondaga and Oswego.12.   Westchester-Rockland   region.  The  counties  of  Rockland  and   Westchester.
NY Banking L § 214 (2021)
2021 New York Laws BNK - Banking Article 5-A - New York Business Development Corporation 214 - Committees.

§ 214.  Committees.  1.  There  shall  be  a  loan  committee  of such   corporation for each of  the  twelve  economic  regions  as  defined  in   section  two hundred eleven of this chapter or such other regions as the   board of  directors  shall  designate  for  this  purpose.    Each  such   committee  shall  include  such  persons as the board of directors shall   designate.2. The board of directors of such corporation may establish an  office   for any such loan committee, within such committee's economic region.3.  Every  application  to  such  corporation  for a loan or financial   assistance shall be made through the loan  committee  for  the  economic   region  wherein  the  applicant  resides or maintains a regular place of   business, or directly to one of the regional offices of the corporation.   Any such applications made  to  a  regional  office  shall  be  promptly   referred  to  the  loan  committee  for  the economic region wherein the   applicant resides or maintains a regular place  of  business.  All  such   applications shall thereupon be reviewed by such regional loan committee   and promptly transmitted by it to the central loan committee established   by   the   board   of   directors  for  consideration,  along  with  the   recommendations of such regional loan committee with respect thereto.4. The board of directors shall have the responsibility to appoint all   necessary board and officer committees to provide for prudent management   and oversight of such corportion.
NY Banking L § 216 (2021)
2021 New York Laws BNK - Banking Article 5-A - New York Business Development Corporation 216 - Capital Stock.

§ 216.  Capital  stock. The capital stock of such corporation shall be   five hundred thousand shares of common  and  preferred  stock,  in  such   amounts  as  shall  be  established  in  the  by-laws  by  the  board of   directors,  with  the  preferred  stock  having  such  relative  rights,   preferences  and  limitations  as shall be established in the by-laws by   the board of directors.  At least a majority of  the  capital  stock  of   such corporation shall at all times be held by residents of the state or   by persons, firms or corporations engaged in doing business therein.
NY Banking L § 217 (2021)
2021 New York Laws BNK - Banking Article 5-A - New York Business Development Corporation 217 - Surplus, Obligations and Depositories.

§ 217.  Surplus,  obligations  and  depositories.  1. Such corporation   shall set apart as an earned surplus all of its net earnings in each and   every year until such earned  surplus  shall  equal  the  total  of  the   paid-in  capital  and  paid-in  surplus  then outstanding.   Said earned   surplus shall be held in cash,  invested  in  United  States  government   bonds,  or  as provided in such corporation's by-laws, and shall be kept   and used to meet losses  and  contingencies  of  such  corporation  and,   whenever the amount of earned surplus shall become impaired, it shall be   built  up  again  to  the required amount in the manner provided for its   original accumulation.2. At no time shall the total obligations of such  corporation  exceed   ten  times  the amount of its paid-in capital and surplus, not including   therein the earned  surplus,  or  two  hundred  fifty  million  dollars,   whichever is greater.3.  Such corporation shall not deposit any of its funds in any banking   organization unless such banking organization has been designated  as  a   depository  by  a  vote  of the majority of all of the directors of such   corporation, exclusive of any director who is an officer or director  of   the  depository  so designated. Such corporation shall not receive money   on deposit. Such corporation  shall  not  make  any  loans  directly  or   indirectly  to  any  of its officers or to any firms in which any of its   officers is a member or officer.
NY Banking L § 218 (2021)
2021 New York Laws BNK - Banking Article 5-A - New York Business Development Corporation 218 - Supervision and Reports.

§ 218.  Supervision  and reports. Such corporation shall be subject to   the supervision,  examination  and  control  of  the  superintendent  of   financial  services  in  the same manner as banking organizations are so   supervised, examined and controlled by him pursuant to this chapter, and   shall be examined by him annually, but such  corporation  shall  not  be   deemed  to  be  a  banking organization nor be required to pay a fee for   such an examination. Such corporation shall make an annual report of its   condition to the governor, legislature and superintendent  of  financial   services, on or before January first of each year.Commencing  January  first,  nineteen  hundred eighty-six, such annual   report shall contain but not be limited to the following:a. information on the cost and sources of funds and  capital  and  the   total  allowable  maximum  amount  available  from  members, the maximum   amount committed  by  each  individual  member,  and  the  corporation's   outstanding liabilities to members;b.  classification of firms in the corporation's portfolio by standard   industrial code, including a breakdown of (i) size of firms by sales and   number  of  employees,  (ii)  number  and   percentage   of   loans   to   manufacturing,  service  and  wholesale businesses, and (iii) number and   percentage of loans to traditional industries  and  to  high  technology   firms within the manufacturing sector;c.  information on the types of financing provided by the corporation,   including guaranteed loans, the size and term of loans, and a  breakdown   of investments by senior debt, subordinated debt and equity financings;d.  information  on  interest  rates of loans, including percentage of   fixed rate and variable rate loans;e. information on the use of  capital  provided  by  the  corporation,   including  number  of  working  capital loans, loans to assist leveraged   buyouts by employees, management or others, and  secured  mortgages  for   plant expansion or new production facilities;f.  information  on  how  the corporation is fulfilling its mission to   assist women and minority owned businesses;g.  information  on  resources  and  actions  taken  to  advance   the   corporation's marketing program;h.  information  on  the  corporation's  regional offices, including a   description of the volume of business and the nature of loan activity at   each office;i. information on the activities of the corporation's MESBIC; andj. information on the corporation's pilot  export  financing  program,   including  the  number  of  firms  serviced  and the types of assistance   provided.
NY Banking L § 219 (2021)
2021 New York Laws BNK - Banking Article 5-A - New York Business Development Corporation 219 - Unissued Securities and Reorganization.

§ 219.  Unissued  securities  and  reorganization.  1.  The holders of   capital  stock  of  such  corporation  shall  not,  as  such,  have  any   preemptive  or  preferential right to purchase or subscribe for any part   of the unissued or new issue  of  capital  stock  of  such  corporation,   whether  now  or  hereafter  authorized  or  issued,  or  to purchase or   subscribe for any bonds or other obligations, whether or not convertible   into stock of such corporation, now or hereafter authorized or issued.2. Whenever a compromise or arrangement or any plan of  reorganization   of  such  corporation  is  proposed  between  such  corporation  and its   creditors, members or stockholders, the supreme court, by virtue of  its   general  equity powers may, on application of such corporation or of any   creditor, member or stockholder thereof, or on the  application  of  any   receiver or receivers appointed for such corporation, order a meeting of   such  creditors,  members or stockholders, as the case may be, as may be   affected  by  the  proposed  compromise  or  arrangement  or   plan   of   reorganization,  which  shall be called in such manner as the said court   directs. If, at such meeting, such compromise or arrangement or plan  of   reorganization  is  agreed  to  by  or  on  behalf  of the creditors, if   affected thereby, holding two-thirds in amount  of  the  claims  against   such  corporation,  and by or on behalf of the stockholders, if affected   thereby, holding the majority of capital stock, and by or on  behalf  of   the  members,  if  affected thereby, holding two-thirds in amount of the   outstanding  notes  or  other  interest-bearing  obligations   of   such   corporation  as  provided  for  in  section  two hundred fifteen of this   chapter, and if such agreement shall be further evidenced by the written   acceptance of said creditors, stockholders and members,  duly  filed  in   the said court, such compromise or arrangement or plan of reorganization   shall,  if  approved by the said court as just and equitable, be binding   on all creditors, stockholders or members, as the case may be,  who  are   affected  thereby,  and also on such corporation. All persons who become   creditors, stockholders or members of such corporation shall  be  deemed   to  have  become  creditors,  stockholders  or  members  subject  in all   respects to this section, and the same shall be absolutely binding  upon   them.  For  the  purposes of this subdivision only, members shall not be   deemed to be creditors  and  shall  act  under  this  subdivision  as  a   separate class.
NY Banking L § 221-A (2021)
2021 New York Laws BNK - Banking Article 5-B - License for a Foreign Banking Corporation to Maintain a Representative 221-A - Doing Business Without License Prohibited.

§ 221-a.  Doing  business  without  license  prohibited. 1. No person,   co-partnership,  association,  corporation   or   other   entity   shall   establish,  maintain  or  use  one  or more offices in this state as the   representative of one or more foreign banking  corporations  unless  the   foreign  banking  corporation  to  be  represented  has first obtained a   license from the superintendent of financial services. Entities lawfully   registered pursuant to  this  article  on  or  before  September  first,   nineteen  hundred  ninety-two  shall be deemed licensed pursuant to this   section until September first, nineteen  hundred  ninety-four,  provided   however  that  the  superintendent  may  require  the  submission of any   additional documents or materials relating to the business activities of   the registrant as he or she may deem necessary or appropriate.2. Upon receipt of a license,  the  foreign  banking  corporation  may   establish  one  or more representative offices in this state which shall   be subject to examination whenever in the superintendent's judgment such   examination is necessary or advisable.3.  Such  office  shall  be  limited  to  conducting   the   following   activities:  solicitation of loans and in connection therewith, assembly   of  credit  information,  making of property inspections and appraisals,   securing of title information, preparation  of  applications  for  loans   including   making  recommendations  with  respect  to  action  thereon,   solicitation of investors to purchase loans from the  bank,  the  search   for  such  investors to contract with the bank for the servicing of such   loans; solicitation of new business and conduct of research.  Any  other   activity  which the foreign banking corporation seeks to conduct at such   office,  shall  be  subject  to  the  prior  written  approval  of   the   superintendent by general regulation or upon application in such form as   the superintendent may prescribe.
NY Banking L § 221-B (2021)
2021 New York Laws BNK - Banking Article 5-B - License for a Foreign Banking Corporation to Maintain a Representative 221-B - Definitions.

§ 221-b.  Definitions.  1.  Banking  institution.  The  term  "banking   institution",  when  used  in  this  article,  shall  mean  any   entity   authorized by its charter to accept deposits and to make loans.2.   Foreign   banking   corporation.   The   term   "foreign  banking   corporation",  when  used  in  this  article,  shall  mean  any  banking   institution  organized under the laws of any jurisdiction other than the   United States, any state of the United States or Puerto Rico.3. Representative. The term "representative" shall mean any person  or   entity  engaging  in  any  activity  in this state for or on behalf of a   foreign  banking  corporation,  provided  that  such  activity  is   not   otherwise permitted by law.4.  The  superintendent  shall  be authorized to exempt from the above   definitions such additional persons,  entities,  activities  or  classes   thereof  which  shall  be  deemed appropriate in order to effectuate the   purposes of this article.
NY Banking L § 221-C (2021)
2021 New York Laws BNK - Banking Article 5-B - License for a Foreign Banking Corporation to Maintain a Representative 221-C - Application for License; Fees.

§ 221-c.  Application  for  license;  fees.  The  application for such   license shall be in writing under oath and shall contain the information   required by and be in the form prescribed by the superintendent. As part   of the application, the foreign banking corporation  shall  appoint  the   superintendent  or  his or her successor as agent for service of process   in connection with any action or proceeding against the foreign  banking   corporation  relating  to  any  cause of action which may arise out of a   transaction with its representative office,  with  the  same  force  and   effect as if it were a domestic corporation and had been lawfully served   with  process in this state. At the time of making such application, the   applicant shall pay  to  the  superintendent  an  investigation  fee  as   prescribed pursuant to section eighteen-a of this chapter.
NY Banking L § 221-D (2021)
2021 New York Laws BNK - Banking Article 5-B - License for a Foreign Banking Corporation to Maintain a Representative 221-D - Conditions Precedent to Issuing License; Procedure Where Application Denied.

§ 221-d.  Conditions  precedent  to  issuing  license; procedure where   application denied. Upon the filing of an application for a license,  if   the   superintendent  shall  find  that  the  financial  responsibility,   experience, character,  and  general  fitness  of  the  foreign  banking   corporation and its representative are such as to command the confidence   of  the  community  and  to  warrant belief that the representative will   operate honestly, fairly, and efficiently within the purpose and  intent   of  this  article,  a  license shall thereupon be issued in duplicate to   conduct the activity described in  section  221-a  of  this  article  in   accordance  with  the  provisions of this article. If the superintendent   shall not so find, the license shall not be issued,  and  the  applicant   shall  be  notified of the denial. The superintendent shall transmit one   copy of such license to the applicant and file another in the office  of   the  department of financial services. Such license shall remain in full   force and effect until it is surrendered by the licensee or  revoked  or   suspended  as  hereinafter provided. The superintendent shall approve or   deny every application for a license hereunder within ninety  days  from   the  filing  thereof  provided,  however, that failure to act within the   prescribed period shall not be deemed approval of any such application.
NY Banking L § 221-E (2021)
2021 New York Laws BNK - Banking Article 5-B - License for a Foreign Banking Corporation to Maintain a Representative 221-E - License Provisions.

§ 221-e.  License  provisions.  Each license issued under this article   shall state the address or addresses at which a representative is to  be   located  and  shall  state  fully the name of the licensee. Such license   shall not be transferable or assignable. In the event  the  location  of   the representative shall be changed, the licensee shall forthwith notify   the  superintendent  who  shall  thereupon  without charge attach to the   license an amendment certificate setting forth such changed location.