New York Consolidated Laws
N.Y. Banking Law § 607 (2026)
Manner and time within which taking possession may be tested
✓ text as retrieved May 2026 (this copy records no edition or section history)
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§ 607. Manner and time within which taking possession may be tested. At any time within ten days after the superintendent has taken possession of the property and business of any banking organization such banking organization may apply to the supreme court in the judicial district in which its principal office is located, for an order requiring the superintendent to show cause why he should not be enjoined from continuing such possession. The court may, upon good cause shown, direct the superintendent to refrain from further proceedings and to surrender such possession.
Notes of Decisions
Cited in 1
case, 1994–1994 · leading case: Brown v. Weis, 871 P.2d 552 (Utah Ct. App. 1994).
Brown v. Weis, 871 P.2d 552 (Utah Ct. App. 1994). “1987); N.Y. Banking Law § 607 (McKinney 1971). Our attention has been called to no cases holding such banking statutes, which allow for seizure without hearing when accompanied by the opportunity for post-seizure review, to be unconstitutional.”
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