12 U.S.C. § 193
Notice to present claims
The Comptroller shall, upon appointing a receiver, cause notice to be given, by advertisement in such newspapers as he may direct, for three consecutive months, calling on all persons who may have claims against such association to present the same, and to make legal proof thereof.
Notes of Decisions
Cited in 5
cases, 1936–1992 · leading case: Professional Asset Management, Inc. v. Penn Square Bank, N.A.
Professional Asset Management, Inc. v. Penn Square Bank, N.A. (1983)
“See also 12 U.S.C. §§ 193 , 194, 1821(d). *137 Thus, an award of punitive damages against the receiver would not punish the Bank, but its innocent creditors and uninsured depositors.”
Morrison-Knudsen Co. v. CHG International, Inc. (1987)
“2 Our analysis is supported by the fact that Congress has given the Federal Deposit Insurance Corporation (FDIC) the same powers by statute that the Board has given FSLIC by regulation: to receive “legal proof” of creditors’ claims and to pay only on “such claims as may have…”
Hale House Center, Inc. v. Federal Deposit Insurance (1992)
“12 U.S.C. § 193 (the Comptroller “shall, upon appointing a receiver, cause notice to be given, by advertisement in such newspapers as he may direct, for three consecutive months, calling on all persons who may have claims against such association to present the same, and to make…”
Trustees of General Assembly v. Ward (1938)
“The defendant’s second ground of defense is that the plaintiff’s claim is .”
Brookville National Bank & Trust Co. v. Rowland (1936)
“…1, 12 U. S. C. §191 , covering grounds *233 for the appointment of a receiver; Revised Statutes, §§5235 and 5236, 12 U. S. C. §§193 , 194, covering dividends on adjusted claims and distribution of assets. The Act of May 15,1916, 39 Stat. at L. 121, 12 U. S. C. §192 ,…”
Annotations are extracted automatically from the opinions in the
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treatment. Dots show Syfertize treatment of the citing case itself.