NY Code - Article 13: MERGER; VOLUNTARY DISSOLUTION; SUPERINTENDENT'S TAKING POSSESSION; REORGANIZATION; LIQUIDATION

Search NY Code - Article 13: MERGER; VOLUNTARY DISSOLUTION; SUPERINTENDENT'S TAKING POSSESSION; REORGANIZATION; LIQUIDATION

  • Section 600 Merger; when authorized
  • Section 601 Merger agreement; authorization; approval; filing
  • Section 601-A Purchase of assets
  • Section 601-B Approval or disapproval of merger or purchase of assets
  • Section 601-C Sale, lease, exchange or other disposition of property, rights, privileges and franchises
  • Section 602 Effect of merger
  • Section 603 Issuance of new certificates of stock or other consideration
  • Section 604 Rights of dissenting stockholders
  • Section 604-A Transfer of fiduciary relationships of a banking institution
  • Section 605 Voluntary liquidation; sale of assets; forfeiture of charter by non-user
  • Section 605-A Transfer of deposit liabilities of bank or trust company; sale or pledge of assets to facilitate such transfer
  • Section 606 When superintendent may take possession of banking organization; when possession may be surrendered
  • Section 607 Manner and time within which taking possession may be tested
  • Section 609 Resumption of business by bank, trust company or industrial bank; retirement of certificates; applicability to stock-form savings banks and stock-form savings and loan associations
  • Section 610 Resumption of business in accordance with plan of reorganization
  • Section 611 Special deputies; assistants; counsel and other employees
  • Section 611-A Appointment of single judge
  • Section 612 Certificates to be recorded and received in evidence
  • Section 612-A Payment of wages
  • Section 613 Payment by superintendent of expenses of liquidation
  • Section 614 Obtaining possession of pleadings, et cetera, in actions against which attorneys' liens are asserted
  • Section 615 On taking possession, superintendent shall notify those holding assets; effect of notification; turnover of assets and payment of debts owed to the banking organization
  • Section 616 Inventory of assets; where filed
  • Section 617 Disposition of property held as bailee, or depositary; opening of safe deposit boxes; disposal of contents
  • Section 618 Liquidation and conservation of assets; compromising debts and claims; deposit of moneys collected; preference; superintendent, as liquidator, authorized to borrow on and pledge assets of banks
  • Section 618-A Repudiation of contracts
  • Section 619 Prosecution and defense of actions; actions preferred; limitations; power to execute instruments; exemption from filing and other fees
  • Section 620 Notice to creditors to make proof of claims; form of claims; claims for priority of payment
  • Section 620-A Certain claims shall not be accepted
  • Section 622 List of claims duly presented; filing
  • Section 623 Filing objections to claims presented or listed; procedure upon claim under objection
  • Section 624 Acceptance and rejection of claims and accounts; filing of list thereof; secured claims and accounts; determination of priorities
  • Section 625 Effect of accepting claims and accounts; limitation upon actions to establish claims and accounts; necessary allegations; effect of judgment
  • Section 626 Judgments recovered shall not be liens
  • Section 627 Dividends to creditors; distributions to stockholders; dissolution; destruction of documents
  • Section 628 Payment of dividends when deposits have been made available by Federal Deposit Insurance Corporation
  • Section 629 Payment of dividends to minors, trustees or joint depositors; payment of dividends where adverse claim is asserted; interpleader in certain actions
  • Section 630 Claims of shareholders and members of credit unions and savings and loan associations
  • Section 631 Actions against directors, trustees, managers or officers for violation of their official duties
  • Section 633 Service of notice or process during time of war
  • Section 634 Power to appoint regulator or insurer as receiver; additional powers
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LICENSEES: SUPERINTENDENT'S TAKING POSSESSION: CONSERVATION: LIQUIDATION

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