Legislation

Search OpenLegislation Statutes

The Laws of New York
Consolidated Laws of New York
CHAPTER 2
Banking
ARTICLE 13
Merger; Voluntary Dissolution; Superintendent's Taking Possession; Reorganization; Liquidation
previous
SECTION 620
Notice to creditors to make proof of claims; form of claims; claims for priority of payment
up
ARTICLE 13
Merger; Voluntary Dissolution; Superintendent's Taking Possession; Reorganization; Liquidation
next
SECTION 622
List of claims duly presented; filing
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 620-A
Certain claims shall not be accepted
Banking (BNK) CHAPTER 2, ARTICLE 13
§ 620-a. Certain claims shall not be accepted. The superintendent
shall not accept a claim based on an agreement with the banking
organization unless the agreement is either reflected on the accounts,
books or records of the banking organization or a creditor provides
documentary evidence of such agreement. The superintendent may issue any
regulations determined to be necessary to implement this section.