New York Statutes

§ 611-A — Appointment of single judge

New York·Law BNK Banking·Art. 13 Merger; Voluntary Dissolution; Superintendent's Taking Possession; Reorganization; Liquidation
§ 611-a. Appointment of single judge. When the superintendent has\ntaken possession of and is liquidating the business and property in this\nstate of any banking organization under the provisions of this article,\nthe superintendent shall be entitled to the appointment of a single\njudge to supervise the liquidation upon request to the administrative\njudge of the supreme court in the judicial district in which the\nprincipal office of such banking organization is located. Such judge\nshall have the power to order expedited or simplified procedures or\norder a reference wherever necessary to resolve a matter in such\nliquidation.\n

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