N.Y. Banking Law § 221-c: Application for license; fees

§ 221-c. Application for license; fees. The application for such

license shall be in writing under oath and shall contain the information

required by and be in the form prescribed by the superintendent. As part

of the application, the foreign banking corporation shall appoint the

superintendent or his or her successor as agent for service of process

in connection with any action or proceeding against the foreign banking

corporation relating to any cause of action which may arise out of a

transaction with its representative office, with the same force and

effect as if it were a domestic corporation and had been lawfully served

with process in this state. At the time of making such application, the

applicant shall pay to the superintendent an investigation fee as

prescribed pursuant to section eighteen-a of this chapter.