N.Y. Financial Services Law Law § 205
Bureaus
New York · New York Financial Services Law Law · Status: effective · Effective 2014-09-22
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- Citation
- N.Y. Financial Services Law Law § 205, Bureaus, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1107403
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Full text
§ 205. Bureaus. The superintendent shall establish an insurance
division and a banking division. The superintendent may establish such
other bureaus, divisions, and other units within the department as may
be necessary for the administration and operation of the department and
the proper exercise of its powers and the performance of its duties,
under this chapter, and may, from time to time, consolidate or abolish
such divisions, bureaus or other units within the department.
Notwithstanding any inconsistent provision of law, the superintendent
may determine the official functions of each division, bureau, or other
unit within the department. There shall be a head of each bureau,
division or other unit to be appointed by the superintendent, who shall
serve at the pleasure of the superintendent, except as may be otherwise
provided by the civil service law. The heads of bureaus, divisions or
units in the banking and insurance departments who are in office when
this chapter takes effect shall continue in office at the pleasure of
the superintendent, except as may be otherwise provided by the civil
service law.