N.Y. PVH Law § 311
This is the official text of N.Y. PVH Law § 311, part of New York’s PVH Law — part of the compiled statutory law of New York, published by the state as "PVH Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Examination
Official statutory text
§ 311. Examination. At least once in each calendar year the\ncorporation shall be examined by the superintendent of financial\nservices for the purpose of determining the corporation's net worth and\nthe soundness of its management and operating policies. The corporation\nshall not, however, be deemed to be a banking or insurance organization.\nThe corporation shall pay the cost of each such examination. Copies of\neach examination report, including the findings, conclusions and\nrecommendations of the examiners, shall be furnished to the corporation.\nThe corporation shall furnish copies of each report, including the\nfindings, conclusions and recommendations of the examiners, to each of\nthe holders of its capital stock and to its members. Such corporation\nshall make an annual report of its condition to the governor,\nlegislature and superintendent of financial services on or before\nJanuary first of each year.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.