Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
§31A-7-1. Purpose; Construction - (a) The purpose of this article is to: (1) To...
§31A-7-2. Definitions - As used in this article: (a) "Commissioner" means the commissioner...
§31A-7-3. Conservatorship; Reorganization - (a) Whenever the commissioner considers it necessary in order to...
§31A-7-4. Receivership - (a) If the commissioner ascertains from any source that the...
§31A-7-5. Provisions Applicable to Federal Deposit Insurance Corporation Only - (a) The provisions of this section apply only to those...
§31A-7-6. Borrowing Powers of Receiver - With the written consent of the commissioner, any receiver of...
§31A-7-7. Reorganization, Purchase, Merger or Consolidation of and by Financial Institutions; Conversion of National Bank to State Bank; Obligations Remain Effective - Subject to the other provisions of this section, in any...
§31A-7-8. Voluntary Liquidation by Financial Institution - Any financial institution may, after thirty days' notice to the...
§31A-7-9. Involuntary Liquidation of Financial Institution After Revocation of Certificate of Authority, Permit or License - If the commissioner revokes the certificate of authority, permit or...
§31A-7-10. Executory Contracts and Leases; Assumption or Rejection; Court Approval for Assignments - (a) Within the six-month period immediately following the recordation of...
§31A-7-11. General Subrogation Rights of Federal Deposit Insurance Corporation - In all cases where the federal deposit insurance corporation pays...
§31A-7-12. Payment of Expenses and Debts; Order of Priority; Rights of Secured Creditors - (a) Each receiver shall pay the expenses and just debts...
§31A-7-13. Claims Procedure - (a) Within a reasonable time after taking possession and control...
§31A-7-14. Hearings; Judicial Review - Except to the extent another provision of this article expressly...
§31A-7-15. Exclusivity of Powers and Procedures of Article - The provisions of this article provide full and exclusive powers...