For the purposes of this Part and Part 52 of this Title, liabilities requiring cover shall include all liabilities of a foreign banking corporation appearing in the books, accounts and records of its agency, agencies, branch or branches in this State as liabilities of such agency, agencies, branch or branches, including acceptances and such other liabilities (including contingent liabilities) as the superintendent shall determine, but excluding the following:
N.Y. Comp. Codes R. & Regs. Tit. 3 § 322.4