Current through 2024 NY Law Chapter 457
Section 75-G - Report of compliance1. By the fifteenth day of January and July of each year (or the following business day if such day is not a business day), every banking institution which had an automated teller machine facility which was in operation on the fifteenth day of the preceding month shall submit a written compliance report to the department on a form prescribed by the superintendent, certifying that such automated teller machine facility is in compliance with the provisions of this article or any variance or exemption that has been granted, or if such facility is not in compliance with such provisions, stating the manner in which such facility fails to meet such requirements. Notwithstanding article three of the state technology law or any other law to the contrary, the superintendent may require that such reports and any other reports required by this section shall be made by electronic means, unless the superintendent, in his or her sole discretion, grants a waiver of such electronic filing requirements, upon good cause shown.2.If any compliance report required by subdivision one of this section indicates any failure to meet the requirements of this article, such banking institution shall submit a written report to the depart- ment, on a form prescribed by the superintendent, no later than the eleventh business day following such compliance report, indicating whether each such failure has been corrected and, for any failure that has not been corrected, the reason for such failure and the expected correction date. If any such failure shall not have been corrected with- in ten business days of the filing date of the applicable compliance report, such banking institution shall, promptly after correcting such failure, submit a written report to the department with the date or dates of each such correction.Amended by New York Laws 2013 , ch. 227, Sec. 6, eff. 7/31/2013.