§ 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.