N.Y. Comp. Codes R. & Regs. tit. 3 § 406.14
Current through Register Vol. 46, No. 50, December 11, 2024
A licensee who in lieu of filing a corporate surety bond elects to deposit securities pursuant to Banking Law, section 643(3), shall execute with the depository bank, trust company or national bank a deposit agreement in form satisfactory to the superintendent. An executed copy of this deposit agreement shall be filed with the superintendent.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 406.14