§ 160. Verified certificate.
103 words·~1 min read·
/ny/banking/private-bankers/160·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 160. Verified certificate. Any individual or partnership desiring to
engage in business as a private banker shall submit to the
superintendent a verified certificate in duplicate which shall state:
1. The full name, residence and post office address of such individual
or of each member of such partnership.
2. The state or country of which each individual named in such
certificate is a citizen.
3. The amount of permanent capital such individual or partnership will
invest in his business as a private banker which shall be not less than
one million dollars.
4. The place where his office is to be located.