634 – Power to Appoint Regulator or Insurer as Receiver; Additional Powers.
§ 634. Power to appoint regulator or insurer as receiver; additional powers. Notwithstanding anything to the contrary in this chapter, the superintendent may, in his or her sole discretion, and upon such terms and conditions as the superintendent may approve, appoint as receiver or liquidator of any banking organization or branch or agency of a […]
633 – Service of Notice or Process During Time of War.
§ 633. Service of notice or process during time of war. Whenever, pursuant to the provisions of this article, any communication, notice or other paper or process is required to be given or served by the superintendent upon any person and the giving or service thereof is in any manner prohibited by the provisions of […]
622 – List of Claims Duly Presented; Filing.
§ 622. List of claims duly presented; filing. The superintendent shall cause to be made in duplicate a complete list of all claims duly presented specifying the name of the claimant, the nature of the claim and the amount thereof. Such list shall also contain a statement of accounts payable as shown by the books […]
623 – Filing Objections to Claims Presented or Listed; Procedure Upon Claim Under Objection.
§ 623. Filing objections to claims presented or listed; procedure upon claim under objection. Within forty days after the superintendent shall have filed in his office a copy of the list of claims required by section six hundred twenty-two, objections to any claim duly presented or to any account appearing on such list may be […]
624 – Acceptance and Rejection of Claims and Accounts; Filing of List Thereof; Secured Claims and Accounts; Determination of Priorities.
§ 624. Acceptance and rejection of claims and accounts; filing of list thereof; secured claims and accounts; determination of priorities. 1. The superintendent shall, not later than sixty days after the time has expired to file objections to claims duly presented, accept or reject, in whole or in part, every duly filed claim except claims […]
625 – Effect of Accepting Claims and Accounts; Limitation Upon Actions to Establish Claims and Accounts; Necessary Allegations; Effect of Judgment.
§ 625. Effect of accepting claims and accounts; limitation upon actions to establish claims and accounts; necessary allegations; effect of judgment. 1. When the superintendent has accepted a duly filed claim and has filed such claim endorsed “accepted” in his office, the claimant, unless priority of payment has been duly demanded, and such claim is […]
626 – Judgments Recovered Shall Not Be Liens.
§ 626. Judgments recovered shall not be liens. A lien shall not attach to any of the property or assets of any banking organization by reason of the entry of any judgment recovered against such banking organization after the superintendent has taken possession of its property and business and so long as such possession continues.
627 – Dividends to Creditors; Distributions to Stockholders; Dissolution; Destruction of Documents.
§ 627. Dividends to creditors; distributions to stockholders; dissolution; destruction of documents. 1. At any time after the date fixed by the superintendent for the presentation of claims, the superintendent may, upon an order of the supreme court, declare and pay out of the funds remaining in his or her hands after the payment of […]
628 – Payment of Dividends When Deposits Have Been Made Available by Federal Deposit Insurance Corporation.
§ 628. Payment of dividends when deposits have been made available by Federal Deposit Insurance Corporation. When the superintendent shall have taken possession of any banking organization for the purpose of liquidation, and Federal Deposit Insurance Corporation shall have made available to the depositors thereof the amounts of their respective deposits insured by such corporation, […]
629 – Payment of Dividends to Minors, Trustees or Joint Depositors; Payment of Dividends Where Adverse Claim Is Asserted; Interpleader in Certain Actions.
§ 629. Payment of dividends to minors, trustees or joint depositors; payment of dividends where adverse claim is asserted; interpleader in certain actions. 1. Where a claim or an account payable in the name of any minor has been accepted by the superintendent, dividends thereon shall be paid to such minor and the receipt or […]