N.Y. Banking Law § 78: Powers with respect to certain crimes and frauds

§ 78. Powers with respect to certain crimes and frauds. If the

superintendent has a reasonable suspicion that a person or entity is

engaging in or has engaged in fraud (as interpreted under this chapter,

the insurance law or the financial services law) or a misdemeanor or

felony under this chapter or one of the articles of the penal law

enumerated in this section in connection with activities regulated by

the superintendent pursuant to this chapter or involving a product

regulated pursuant to this chapter, the superintendent may undertake

such investigation as is deemed necessary, and in the enforcement of

this chapter, determine whether any such person or entity has violated

or is about to violate this chapter or any such enumerated articles. The

applicable articles of the penal law are article one hundred fifty-five,

one hundred seventy, one hundred seventy-five, one hundred seventy-six,

one hundred eighty, one hundred eighty-five, one hundred eighty-seven,

one hundred ninety, two hundred, two hundred ten or four hundred

seventy. Notwithstanding the above-referenced laws or articles, the

scope of authority set forth in this section shall not be deemed to

otherwise limit or impair the ability of the department to assist any

other entity in an investigation involving a violation of law.