ยง 20. Assessments, penalties and forfeitures entitled to priority. In
case of the insolvency or voluntary or involuntary liquidation of any
person or entity licensed, registered, or incorporated or otherwise
formed pursuant to this chapter, all unpaid charges lawfully assessed
against such person or entity by the superintendent and all unpaid
penalties and forfeitures incurred by such person or entity under any
section of this chapter shall be entitled to priority of payment from
such person's or entity's assets on an equality with any other priority
given by this chapter.
Structure New York Laws
14 - Additional Powers of the Superintendent.
14-A - Rate of Interest; Superintendent of Financial Services to Adopt Regulations.
18 - Fees for Copies and Certifications.
18-B - Holocaust Reparations Payment Fees.
19 - Assessments for Deficiency in Reserves Against Deposits.
20 - Assessments, Penalties and Forfeitures Entitled to Priority.
21 - Collection of Assessments, Penalties and Forfeitures; Proceedings by Attorney General.
23 - Acceptance or Rejection of Certificate; Investigation Fees.
24 - Investigation by Superintendent; Refusal or Approval; Filing Certificate.
25 - Authorization Certificate; When and to Whom Issued; Contents; Filing and Recording.
26 - Licenses to Foreign Banking Corporations; Renewal.
27 - Exchange and Examination of Securities.
28-A - Temporary Change of Location; Approval or Refusal; Certificate.
28-B - Credit Needs of Local Communities.
28-BB - Credit Needs of Local Communities; Mortgage Bankers.
28-C - Branch Office Closings; Report to and Action by the Superintendent.
30 - Unclaimed Amounts; Deposit by Superintendent in Trust; Preference; Release of Debtor.
32 - Insurance of Deposits and Share Accounts.
34 - Superintendent as Attorney to Accept Service of Process.
36 - Examinations; Right of Inspection; Penalties for Refusing to Permit Examination.
36-A - Reports of Lending by Banking Organizations.
36-B - Preservation of Books and Records.
37 - Reports to Superintendent.
37-A - Submission of Annual Reports by the Holocaust Claims Processing Office.
39 - Orders of Superintendent.
41 - Removal of Director, Trustee or Officer.
42 - Official Acts of Superintendent and Details of Department Business to Be Made Public.