N.Y. Banking Law § 23: Acceptance or rejection of certificate; investigation fees

§ 23. Acceptance or rejection of certificate; investigation fees.

Within twenty days after the receipt by the superintendent of any

organization certificate of a corporation proposed to be organized under

this chapter, or any private banker's certificate together with such

documents as are required to be filed therewith, the superintendent

shall, if such certificate and such accompanying documents comply in

form and substance with the requirements of this chapter, file such

certificate for examination and note thereon the date of such filing. If

such certificate or such accompanying documents do not comply in all

respects with the requirements of this chapter, the superintendent

shall, within twenty days after receipt thereof, return them to the

persons from whom they were received, calling attention to the defect or

defects therein.

At the time of submission of the certificate and accompanying

documents an investigation fee as prescribed pursuant to section

eighteen-a of this article shall be paid to the superintendent, to be

retained by him or her if the certificate and accompanying documents are

filed. If the certificate and accompanying documents are not filed

because of defects therein, the investigation fee is to be returned with

such papers to the persons from whom they were received.