N.Y. PBA Law § 2429-E
This is the official text of N.Y. PBA Law § 2429-E, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.
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Examination
Official statutory text
§ 2429-e. Examination. At least once in each calendar year the agency\nshall be examined by the superintendent of financial services for the\npurposes of determining the agency's net worth and the soundness of its\nmanagement and operating policies. The agency shall not, however, be\ndeemed to be a banking organization. The agency shall pay the cost of\neach such examination. Copies of each examination report, including the\nfindings, conclusions and recommendations of the examiners, shall be\nfurnished to the agency. The agency shall furnish a complete copy of\neach report, including the findings, conclusions and recommendations of\nthe examiners, to the comptroller.\n
Status: in_force · Read it on the official government site
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