ยง 21. Collection of assessments, penalties and forfeitures;
proceedings by attorney general. 1. When the superintendent, pursuant to
the powers conferred on him or her by this article, shall have duly
levied any assessment and shall have given due notification of the
amount thereof, the amount so assessed shall become a liability of, and
shall be paid to the superintendent by any person or entity licensed,
registered, or incorporated or otherwise formed pursuant to this chapter
upon which it was levied.
2. If any person or entity licensed, registered, or incorporated or
otherwise formed pursuant to this chapter shall not pay, after due
notice, any such assessment or any penalty or forfeiture incurred under
any section of this chapter, the superintendent may, in his or her
discretion, apply in payment thereof, with interest at the legal rate,
so much as may be necessary of the interest accruing on any stocks or
bonds deposited with him or her by such person or entity licensed,
registered, or incorporated or otherwise formed pursuant to this chapter
pursuant to any requirement of this chapter.
3. The superintendent may, in his or her discretion, report to the
attorney general any failure to make such payments or the failure of any
officer, director, trustee, or employee of any person or entity
licensed, registered, or incorporated or otherwise formed pursuant to
this chapter, after due notice, to pay any penalty or forfeiture
incurred by him or her under any provision of this chapter, or any
violation by any corporation, unincorporated association, partnership,
individual, or any other entity, of any provision of this chapter. The
attorney general shall thereupon, in the name of the superintendent, or
of the people of the state, institute such action or proceedings as the
facts may warrant.
4. The provisions of this section shall be applicable to any bank
holding company, as that term is defined in article three-A of 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.