A bank or trust company that seeks authorization from the superintendent to issue capital notes or debentures in accordance with Banking Law, section 96(4) should submit a letter application to the superintendent at the address set forth in section 1.1 of Supervisory Policy G 1 of this Title (Attention: Applications Unit), requesting the superintendent's approval, in principle, of the proposed issue of capital notes or debentures.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 111.1