N.Y. Banking Law § 648

§ 648. Agents. A licensee may conduct its business at one or more\nlocations within this state, as follows:\n (a) The business may be conducted through or by means of agents as the\nlicensee may from time to time designate or appoint and, in no event,\nshall the business of money transmission be conducted through a\nsubagent.\n (b) No license under this article shall be required of any agent of a\nlicensee in cases in which such agent is acting on behalf of a licensee\nunder, and in accordance with, an agency contract except as provided in\nsubdivision (c) of this section.\n (c) An agent, other than a person expressly excepted from the\napplication of this article, who sells or delivers the licensee's checks\nover-the-counter to the public shall not be exempt from licensing under\nthis article if such agent in the ordinary conduct of such business\nreceives or at any time has access to (1) the licensee's checks which,\nhaving been paid, are returned through banking channels or otherwise for\nverification or for reconciliation or accounting with respect thereto or\n(2) bank statements relating to checks so returned. No license under\nthis article shall be required of an agent, including a general or\nmanaging agent, of a licensee who does not directly sell or deliver the\nlicensee's checks over-the-counter to the public.\n