N.Y. BNK Law § 607
This is the official text of N.Y. BNK Law § 607, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.
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Manner and time within which taking possession may be tested
Official statutory text
§ 607. Manner and time within which taking possession may be tested.\nAt any time within ten days after the superintendent has taken\npossession of the property and business of any banking organization such\nbanking organization may apply to the supreme court in the judicial\ndistrict in which its principal office is located, for an order\nrequiring the superintendent to show cause why he should not be enjoined\nfrom continuing such possession. The court may, upon good cause shown,\ndirect the superintendent to refrain from further proceedings and to\nsurrender such possession.\n
Status: in_force · Read it on the official government site
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