Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2026 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - New York Consolidated Laws, Banking Law - BNK § 160. Verified certificate - last updated January 01, 2026 | https://codes.findlaw.com/ny/banking-law/bnk-sect-160/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)