N.Y. Comp. Codes R. & Regs. tit. 3 § 50.4
Current through Register Vol. 46, No. 53, December 31, 2024
The power of the superintendent to issue an order to appear and explain an apparent violation, to discontinue unauthorized or unsafe practices and to keep books and accounts as prescribed, as set forth in Banking Law, section 39(1), (2) and (5), shall apply to any mutual trust investment company with the same force and effect as if mutual trust investment companies were specifically mentioned in each such subdivision.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 50.4