State Codes and Statutes
Statutes > New-york > Bnk > Article-11-b > 498-a§ 498-a. Hearings and investigations; subpoena. In conducting any hearing or investigation pursuant to the provisions of this article, the superintendent, or any person duly designated by him, shall have the power at all times to subpoena witnesses; to take depositions of witnesses residing without the state, in the manner provided for in civil actions in courts of record; to pay such witnesses the fees and mileage for their attendance provided for witnesses in civil actions in courts of record; and to administer oaths. He shall also have the power to compel by order or subpoena the production of and to examine all relevant books, records, accounts and other documents. Any corporation, association, partnership or individual which fails to obey the command of the subpoena without reasonable excuse, or refuses without reasonable cause, to be served or to be examined or to answer a question or to produce a book or paper when ordered so to do, or fails to perform any act required hereunder to be performed, shall be guilty of a misdemeanor and shall also be subject to the compulsions provided by the civil practice law and rules and, if the person be licensed hereunder, the superintendent shall have the right to revoke the license.
