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New York · Through 2026-09-11

N.Y. Financial Services Law § 309: Injunction to restrain violation of this chapter

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Where this section sits in the code
  1. Financial Services Law
  2. Article 3. Administrative and Procedural Provisions

§ 309. Injunction to restrain violation of this chapter. (a) In

addition to such other remedies as are provided under this chapter, the

superintendent may maintain and prosecute an action against any person

subject to this chapter, the insurance law or the banking law, or the

person's officers, directors, trustees or agents, for the purpose of

obtaining an injunction restraining such person or persons from doing

any acts in violation of the provisions of this chapter, the insurance

law or the banking law.

(b) In such action if the court finds that a defendant is threatening

or is likely to do any act in violation of this chapter, the insurance

law or the banking law and that such violation will cause irreparable

injury to the interests of the people of this state, the court may grant

an injunction restraining such violation. The court may on motion and

affidavits grant a preliminary injunction and interlocutory injunction,

upon such terms as may be just; but the superintendent shall not be

required to give security before the issuance of any such injunction.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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