§ 599-o. Rules, regulations and examinations. 1. The superintendent is
hereby authorized and empowered to make such rules and regulations and
interim procedures for licensing and acceptance of applications as may
in his or her judgment be necessary or appropriate for the effective
administration or enforcement of this article. For individuals
previously authorized to act as mortgage loan originators under this
chapter, the superintendent may establish expedited review and licensing
procedures.

2. For the purpose of discovering violations of this article or
securing information lawfully required by him or her hereunder, the
superintendent may at any time, and as often as he or she may determine,
investigate the business and examine the books, accounts, records, and
files of every licensee under this article and any entity with which
such individual is associated as an employee or independent contractor.
For that purpose the superintendent shall have free access to the
offices and places of business, books, accounts, papers, records, files,
safes and vaults of all such entities. The superintendent shall have
authority to require the attendance of and to examine under oath all
persons whose testimony he or she may deem necessary or desirable
relative to such business. The expenses incurred in making any
examination pursuant to this section shall be assessed against and paid
by the licensee so examined, except that traveling and subsistence
expenses so incurred shall be charged against and paid by licensees in
such proportions as the superintendent shall deem just and reasonable,
and such proportionate charges shall be added to the assessment of the
other expenses incurred upon each examination. Upon written notice by
the superintendent of the total amount of such assessment, the licensee
shall become liable for and shall pay such assessment to the
superintendent.