Section 329. Reports to superintendent; penalty for failure to make  


Latest version.
  • On or
      before the first day of  February  in  each  year,  every  safe  deposit
      company shall make a written report to the superintendent of banks which
      shall  contain  a statement of its condition on the morning of the first
      day of January in said year. Every such report shall be  subscribed  and
      affirmed  as  true under the penalties of perjury, according to the best
      of their knowledge and belief, by the two principal officers  in  charge
      of  the  affairs  of  the  safe  deposit  company  at  the  time of such
      subscription and shall state that the usual business of the safe deposit
      company has been transacted at the location required by this article and
      not elsewhere.
        Every safe deposit company shall also make such other special  reports
      to  the  superintendent as he may from time to time require, which shall
      be in such form and filed at such date  as  may  be  prescribed  by  the
      superintendent and shall, if required by him, be subscribed and affirmed
      as true under the penalties of perjury.
        If  any safe deposit company shall fail to make any report required by
      this section on or before the day designated for the making thereof,  or
      shall fail to include therein any matter required by the superintendent,
      it  shall  forfeit  to  the  people of the state an amount as determined
      pursuant to section forty-four-a of this chapter for every day that such
      report shall be delayed or withheld, and for every  day  that  it  shall
      fail  to  report any such omitted matter, unless the time therefor shall
      have been extended by the superintendent as provided in article  two  of
      this chapter.