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New York Consolidated Laws

4

Private Bankers

160Verified certificate 161Authorization certificate 162Permanent capital; increase or decrease 163Restrictions as to place of business 164Change of location 165Segregation of investments; title to be taken in descriptive name 166Depositors preferred in case of failure or suspension 167Reserves against deposits 168Restrictions on acceptance of deposits and payment of interest 171Repayment of deposits standing in the names of minors, trustees or joint depositors; repayment where adverse claim is asserted; interplea...172Restrictions on investments 173Rate of interest; effect of usury 174Restrictions on purchases of, and loans on real estate 175Books and records 176Reports required by superintendent; penalty for failure to make 177Official communications from superintendent 178Business of deceased private banker; continuation; liquidation 179Effect of revocation of authorization certificate 180Prohibitions against encroachment upon certain powers of private bankers, savings banks and savings and loan associations 181Exemptions of certain private bankers