§ 1-12 Disclosure of Certain Adverse Determinations by Governmental Agencies or Authorities.
RCNY § 1-12
Whenever a licensee or registrant or an applicant for a license or registration is required by the Administrative Code or this Chapter to disclose, provide notification of or maintain any determination by any Federal, State, or Local governmental agency or authority against such licensee, registrant or applicant, or principal, employee or agent of such licensee, registrant or applicant, including but not limited to any judgment, decree, order, finding by or settlement agreement with such governmental agency or authority, such judgment, decree, order, finding or settlement must be disclosed if: (a) it resulted or will result in the suspension or revocation of a permit, license or other permission required in connection with the operation of such licensee's, registrant's or applicant's business; or (b) it resulted or will result in a civil or administrative fine, penalty or settlement in excess of one thousand dollars ($1,000) or any injunctive relief against such licensee, registrant or applicant, or principal, employee or agent of such licensee, registrant or applicant. (Added City Record 10/17/2018, eff. 11/16/2018; amended City Record 8/1/2024, eff. 8/31/2024)
