New York Laws
Article 2 - Department of Financial Services; Superintendent of Financial Services; Supervisory and Regulatory Powers
29 - Branch Offices; Public Accommodation Offices; Approval or Refusal; Certificate; Investigation Fee.

§ 29. Branch offices; public accommodation offices; approval or
refusal; certificate; investigation fee. When a banking organization
seeks to open a branch office or public accommodation office, it shall
submit a written application to the superintendent. The application
shall contain such information as the superintendent deems necessary. At
the time of making such application, an investigation fee as prescribed
pursuant to section eighteen-a of this article shall be paid to the
superintendent for each branch office or public accommodation office for
which leave to open is sought. If the superintendent finds that the
opening of the branch office or public accommodation office is
consistent with the declaration of policy set forth in section ten of
this article and that the applicant is in compliance with section
twenty-eight-b of this article, he or she shall issue a certificate in
triplicate under his or her hand and the official seal of the department
authorizing the opening and occupation of such branch office or public
accommodation office and specifying the date on or after which and the
conditions under which it may be opened and the place where it shall be
located. The superintendent shall cause one of such triplicate
certificates to be transmitted to the applicant, another to be filed in
the office of the department and the third to be filed in the office of
the clerk of the county in which the principal office of the applicant
is located. If the superintendent shall not find that the opening of the
branch or public accommodation office is consistent with the declaration
of policy set forth in section ten of this article or that the applicant
is in compliance with section twenty-eight-b of this article, he or she
shall notify the applicant that the application has been denied.

No investigation fee for branch applications shall be collected from
applicants if such branch applications are filed in conjunction with
proceedings under section one hundred thirty-six, four hundred ten or
subdivision eight of section six hundred five of this chapter.

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