New York Banking Law Article 13-A - LICENSEES: SUPERINTENDENT'S TAKING POSSESSION: CONSERVATION: LIQUIDATION

• 635 - Definitions.
  1. "Person" when used in this article means an individual, partnership, corporation, unincorporated association, joint stock association, trust or other group, however organized. 2. "License"...
• 636 - When Superintendent May Take Possession of License; When Possession May Be Surrendered.
  1. The superintendent may, in his discretion, forthwith take possession of the business and property of any licensee which is used in the business for...
• 637 - Powers of Superintendent in Possession; Application for Receiver.
  1. When the superintendent has taken possession of the business and property of a licensee, he shall liquidate or otherwise deal with such business and...
• 638 - Manner and Time Within Which Taking Possession May Be Tested.
  At any time within ten days after the superintendent has taken possession of the business and property of any licensee, such licensee may apply to...
• 639 - Severability.
  If any provision of this article, or the application of such provision to any person or circumstance shall be held invalid, the remainder of this...

Last modified: February 3, 2019