S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6872

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              April 5, 2011
                               ___________

Introduced  by  M.  of  A. LAVINE, BING -- read once and referred to the
  Committee on Banks

AN ACT to amend the banking law  and  the  penal  law,  in  relation  to
  increasing the penalty for robbery of property from a bank

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 2 of section 592 of the banking law, as amended
by chapter 472 of the laws of 2008, is amended to read as follows:
  2. The superintendent may refuse to issue a license pursuant  to  this
article if he or she shall find that the applicant, or any person who is
a  director,  officer, partner, agent, employee, substantial stockholder
of the applicant, consultant or person having a  relationship  with  the
applicant  similar  to  a  consultant, (a) has been convicted of a crime
involving an activity which is a felony  under  this  chapter  or  under
article  one hundred fifty-five, one hundred seventy, one hundred seven-
ty-five, one hundred seventy-six, one hundred eighty, one hundred eight-
y-five, one hundred eighty-seven, one hundred ninety, two  hundred,  two
hundred  ten  or  four  hundred  seventy, OR SUBDIVISION FOUR OF SECTION
160.10 of the penal law or any comparable felony under the laws  of  any
other  state  or  the United States, provided that such crime would be a
felony if committed and prosecuted under the laws of this state  or  (b)
has  had  a license or registration revoked by the superintendent or (c)
has been a director, partner, or substantial stockholder  of  an  entity
which has had a license or registration revoked by the superintendent or
(d) has been an agent, employee or officer of an entity, or a consultant
to,  or  person having had a similar relationship with, any entity which
has had a license or registration revoked by  the  superintendent  where
such  person shall have been found by the superintendent to bear respon-
sibility in connection with the revocation. The term "substantial stock-
holder", as used in this subdivision, shall be  deemed  to  refer  to  a

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09146-02-1

              

A. 6872                             2

person  owning  or  controlling directly or indirectly ten per centum or
more of the total outstanding stock of a corporation.
  S  2. Subdivision 2 of section 592-a of the banking law, as amended by
chapter 472 of the laws of 2008, is amended to read as follows:
  2. The superintendent may refuse to issue a  certificate  pursuant  to
this  article  if he or she shall find that the applicant, or any person
who is a director, officer, partner, agent, employee, substantial stock-
holder of the applicant, consultant or person having a relationship with
the applicant similar to a consultant, (a) has been convicted of a crime
involving an activity which is a felony  under  this  chapter  or  under
article  one hundred fifty-five, one hundred seventy, one hundred seven-
ty-five, one hundred seventy-six, one hundred eighty, one hundred eight-
y-five, one hundred eighty-seven, one hundred ninety, two  hundred,  two
hundred  ten  or  four  hundred  seventy, OR SUBDIVISION FOUR OF SECTION
160.10 of the penal law or any comparable felony under the laws  of  any
other  state  or  the United States, provided that such crime would be a
felony if committed and prosecuted under the laws of this state  or  (b)
has  had  a license or registration revoked by the superintendent or (c)
has been a director, partner, or substantial stockholder  of  an  entity
which has had a license or registration revoked by the superintendent or
(d) has been an agent, employee or officer of an entity, or a consultant
to,  or  person having had a similar relationship with, any entity which
has had a license or registration revoked by  the  superintendent  where
such  person shall have been found by the superintendent to bear respon-
sibility in connection with the revocation. The term "substantial stock-
holder", as used in this subdivision, shall be  deemed  to  refer  to  a
person  owning  or  controlling directly or indirectly ten per centum or
more of the total outstanding stock of a corporation.
  S 3. Subdivision 3 of section 160.10 of the penal  law,  as  added  by
chapter  308  of the laws of 1995, is amended and a new subdivision 4 is
added to read as follows:
  3. The property consists of a motor vehicle, as defined in section one
hundred twenty-five of the vehicle and traffic law[.]; OR
  4. THE PROPERTY IS STOLEN FROM A BANK, TRUST  COMPANY,  SAVINGS  BANK,
SAFE  DEPOSIT  COMPANY, SAVINGS AND LOAN ASSOCIATION OR CREDIT UNION, AS
SUCH TERMS ARE DEFINED IN SECTION TWO OF THE  BANKING  LAW,  OR  FROM  A
FOREIGN  BANKING  CORPORATION  LICENSED  PURSUANT  TO ARTICLE TWO OF THE
BANKING LAW, OR FROM A BANK, TRUST COMPANY, SAVINGS  BANK,  SAVINGS  AND
LOAN  ASSOCIATION,  CREDIT UNION OR FOREIGN BANKING CORPORATION WHICH IS
INCORPORATED, CHARTERED, ORGANIZED OR LICENSED UNDER  THE  LAWS  OF  ANY
OTHER  STATE  OR THE UNITED STATES AND WHICH MAINTAINS BRANCH OFFICES IN
THIS STATE.
  S 4. This act shall take effect on the first of November next succeed-
ing the date on which it shall have become a law.