New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 3. Banking |
Chapter I. General Regulations of the Superintendent |
Part 2. Superintendent’s Regulations: Procedure in Removal Proceedings |
Sec. 2.2. Notice of hearing
Latest version.
- (a) Upon receipt of any certification of facts pursuant to Banking Law, section 41, the superintendent shall cause notice to be served as provided in said section.(b) Such notice shall specify when and where a hearing is to be held. Such hearing shall be held not less than 30 days from the date of service of such notice upon the director, trustee or officer sought to be removed (hereinafter referred to as the “respondent”), unless the respondent or the superintendent shall in writing, for good cause shown, request a hearing at an earlier date, in which event the superintendent may, in its discretion, direct a hearing at such earlier date.(c) A copy of the superintendent's certification and of this Part shall be annexed to the aforesaid notices served pursuant to Banking Law, section 41.