Section 2209. Stay or suspension of superintendent's determination

The
  commencement of a proceeding under article seventy-eight  of  the  civil
  practice  law  and  rules, to review any action by the superintendent in
  issuing or in refusing to issue, or in suspending  or  revoking,  or  in
  refusing to suspend or revoke, any certificate under this article, shall
  stay such action of the superintendent for a period of thirty days. Such
  stay  shall  not  be extended for a longer period unless the court shall
  determine, after a preliminary hearing of which  the  superintendent  is
  notified   forty-eight   hours   in   advance,   that   a  stay  of  the
  superintendent's action pending the final determination or further order
  of the court will not unduly injure the interests of the people  of  the
  state.