N.Y. General Business Law § 875-g: Internal compliance, certification, and reporting

§ 875-g. Internal compliance, certification, and reporting. 1. Every

dealer shall:

(a) implement and maintain sufficient internal compliance procedures

to ensure compliance with the requirements of this article; and

(b) annually certify to the superintendent that such dealer has

complied with all of the requirements of this article. The

superintendent shall by regulation determine the form and content of

such annual certification.

2. (a) The superintendent shall promulgate regulations requiring

periodic inspections of not less than one inspection of every dealer

every three years, during regular and usual business hours, by the

division of state police of the premises of every dealer to determine

compliance by such dealer with the requirements of this article. Every

dealer shall provide the division of state police with full access to

such dealer's premises for such inspections.

(b) The superintendent shall prepare an annual report providing

information on the number of dealers inspected annually, the number of

dealers in compliance with the requirements of this article, the number

of dealers failing to comply with the requirements of this article, and

other information that the superintendent deems necessary and

appropriate. The first report shall be delivered to the governor, the

majority leader of the senate and the speaker of the assembly, and shall

be made available to the public on the division of state police website,

on or before January first, two thousand twenty-four and annually

thereafter.