New York Banking Law Section 611-A - Appointment of single judge.

611-a. Appointment of single judge. When the superintendent has taken possession of and is liquidating the business and property in this state of any banking organization under the provisions of this article, the superintendent shall be entitled to the appointment of a single judge to supervise the liquidation upon request to the administrative judge of the supreme court in the judicial district in which the principal office of such banking organization is located. Such judge shall have the power to order expedited or simplified procedures or order a reference wherever necessary to resolve a matter in such liquidation.


Last modified: February 3, 2019