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This entry was published on 2014-09-22
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SECTION 614
Obtaining possession of pleadings, et cetera, in actions against which attorneys' liens are asserted
Banking (BNK) CHAPTER 2, ARTICLE 13
§ 614. Obtaining possession of pleadings, et cetera, in actions
against which attorneys' liens are asserted. When the superintendent is
in possession of any banking organization, and attorneys' liens are
asserted by attorneys of such banking organization against any causes of
action to which such banking organization is a party, or against
pleadings or other papers in the possession of such attorneys relating
to such causes of action, or if such liens are asserted against any
evidences of title to any assets or against any of the assets of such
banking organization then in the possession of such attorneys, the
superintendent may institute special proceedings and petition the court
to fix and determine the amount of such liens. Such proceedings shall be
instituted in the county in which the principal office of such banking
organization is located. Upon application of the superintendent and upon
notice to such attorneys to be prescribed by the court, the court may by
order prior to final order in such proceeding direct such attorneys to
deliver to the superintendent all property of such banking organization,
against which such liens are asserted, together with such consents to
substitution of attorneys as the court may direct, upon the
superintendent furnishing security to such attorneys in the manner and
to an amount that may be fixed by the court.