§ 221-g. Superintendent authorized to examine; expenses. For the\npurpose of discovering violations of this article or securing\ninformation lawfully required by him hereunder, the superintendent may\nat any time, and as often as may be determined, either personally or by\na person duly designated by him, investigate the activities of\nrepresentatives of licensees and examine the books, accounts, records,\nand files used in relation to those activities. For that purpose the\nsuperintendent and a duly designated representative (i) shall have free\naccess to the offices, books, accounts, papers, records, files, safes\nand vaults of licensees and their representatives, and (ii) shall have\nauthority to require the attendance of and to examine under oath all\npersons whose testimony may be required relative to the activities of a\nrepresentative. The expenses incurred in making any examination pursuant\nto this section shall be assessed against and paid by the licensee so\nexamined, except that traveling and subsistence expenses so incurred\nshall be charged against and paid by licensees in such proportions as\nthe superintendent shall deem just and reasonable, and such\nproportionate charges shall be added to the assessment of the other\nexpenses incurred upon each examination. Upon written notice by the\nsuperintendent of the total amount of such assessment, the licensee\nshall become liable for and shall pay such assessment to the\nsuperintendent.\n
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.