N.Y. Banking Law § 29: Branch offices; public accommodation offices; approval or refusal; certificate; investigation fee

§ 29. Branch offices; public accommodation offices; approval or

refusal; certificate; investigation fee. When a banking organization

seeks to open a branch office or public accommodation office, it shall

submit a written application to the superintendent. The application

shall contain such information as the superintendent deems necessary. At

the time of making such application, an investigation fee as prescribed

pursuant to section eighteen-a of this article shall be paid to the

superintendent for each branch office or public accommodation office for

which leave to open is sought. If the superintendent finds that the

opening of the branch office or public accommodation office is

consistent with the declaration of policy set forth in section ten of

this article and that the applicant is in compliance with section

twenty-eight-b of this article, he or she shall issue a certificate in

triplicate under his or her hand and the official seal of the department

authorizing the opening and occupation of such branch office or public

accommodation office and specifying the date on or after which and the

conditions under which it may be opened and the place where it shall be

located. The superintendent shall cause one of such triplicate

certificates to be transmitted to the applicant, another to be filed in

the office of the department and the third to be filed in the office of

the clerk of the county in which the principal office of the applicant

is located. If the superintendent shall not find that the opening of the

branch or public accommodation office is consistent with the declaration

of policy set forth in section ten of this article or that the applicant

is in compliance with section twenty-eight-b of this article, he or she

shall notify the applicant that the application has been denied.

No investigation fee for branch applications shall be collected from

applicants if such branch applications are filed in conjunction with

proceedings under section one hundred thirty-six, four hundred ten or

subdivision eight of section six hundred five of this chapter.