N.Y. Banking Law § 514: Liability of investment company for assessments by superintendent

§ 514. Liability of investment company for assessments by

superintendent. When the superintendent, pursuant to the powers

conferred on him by article two of this chapter, shall have levied any

assessment upon any investment company and shall have duly notified such

investment company of the amount thereof, the amount so assessed shall

become a liability of and shall be paid by such investment company to

the superintendent.