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The Laws of New York
Consolidated Laws of New York
CHAPTER 2
Banking
ARTICLE 13
Merger; Voluntary Dissolution; Superintendent's Taking Possession; Reorganization; Liquidation
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SECTION 625
Effect of accepting claims and accounts; limitation upon actions to establish claims and accounts; necessary allegations; effect of judgment
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ARTICLE 13
Merger; Voluntary Dissolution; Superintendent's Taking Possession; Reorganization; Liquidation
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SECTION 627
Dividends to creditors; distributions to stockholders; dissolution; destruction of documents
This entry was published on 2014-09-22
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SECTION 626
Judgments recovered shall not be liens
Banking (BNK) CHAPTER 2, ARTICLE 13
§ 626. Judgments recovered shall not be liens. A lien shall not attach
to any of the property or assets of any banking organization by reason
of the entry of any judgment recovered against such banking organization
after the superintendent has taken possession of its property and
business and so long as such possession continues.