N.Y. Comp. Codes R. & Regs. tit. 3, Sup. Pol. G § 8.3
(a) The information to be supplied to the superintendent pursuant to section 8.1 of this Supervisory Policy shall be in letter form, shall be submitted prior to the establishment of the office, and shall include:
(4) for institutions headquartered outside this State, opinion of counsel that: