Chapter 1A - Banking Emergencies And Compliance With Federal Laws
- Section 5-10A-1 Authorization or direction of banks to postpone paying liabilities, segregate deposits and assets, renew loans, etc
The superintendent with the concurrence of not less than two other members of the Banking Board, or any three members of the Banking Board ...
- Section 5-10A-2 Promulgation of rules and regulations; requirements of reports, etc., generally
The superintendent with the concurrence of not less than two members of the Banking Board, or any three members of the Banking Board without ...
- Section 5-10A-3 Declaration of banking holidays; promulgation of emergency rules or regulations
Whenever, in the opinion of the superintendent it shall be deemed that an emergency exists, the superintendent with the concurrence of not less than ...
- Section 5-10A-4 Extension, etc., of banking holiday or emergency rules or regulations
Any such bank holiday or any such rule or regulation may be extended, modified, suspended or terminated by the superintendent with the concurrence of ...
- Section 5-10A-5 Sections 5-10A-1 through 5-10A-4 applicable only in emergencies; duration of emergency action
The provisions of Sections 5-10A-1 through 5-10A-4 authorize actions to be taken during an emergency. Any action taken pursuant to these sections shall be ...
- Section 5-10A-6 Operation of banks under federal laws
Any bank may do any and all things necessary or desirable to permit it to operate under the provisions of any act of Congress ...
- Section 5-10A-7 Payment of expenses of bank operating without receivership liquidation
Whenever, pursuant to any provision of this chapter, any bank is authorized to do any one or more of the things specified in this ...
- Section 5-10A-8 Segregation of assets - Manner of segregation generally; distribution of segregated assets upon receivership liquidation of bank
Whenever pursuant to any provision of state or federal law or of any rule or regulation by any state or federal authority made or ...
- Section 5-10A-9 Segregation of assets - Manners of segregation
Whenever pursuant to any provision of state or federal law or of any rule or regulation by any state or federal authority made or ...
- Section 5-10A-10 Segregation of assets - Commingling of items in classes of deposits
Within any class of deposits in any bank for the purpose of which class particular assets are segregated, the separate items may be mingled ...
- Section 5-10A-11 Segregation of assets - Adjustments; identification of segregated items
Whenever any bank is required to segregate particular assets under any rule or regulation promulgated or extended or modified under this chapter, it shall ...
- Section 5-10A-12 Discharge of deposits of script, clearinghouse certificates or emergency currency
Any deposit of script, clearinghouse certificates or emergency currency in any form or of any order on any such deposit shall be dischargeable in ...
- Section 5-10A-13 Issuance and reissuance of script, clearinghouse certificates or emergency currency
The superintendent with the concurrence of not less than two other members of the Banking Board, or any three members of the Banking Board ...
- Section 5-10A-14 Issuance of notes or certificates of indebtedness as evidence of compensation for services or labor during banking emergency
Where a banking emergency has been proclaimed by the superintendent and until such time as such emergency is declared to have ended by proclamation ...
- Section 5-10A-15 Authorization and approval of reorganization of bank without receivership liquidation
The superintendent with the concurrence of not less than two other members of the Banking Board or any three members of the Banking Board ...
- Section 5-10A-16 Compliance with chapter, federal laws, etc., not to entail liability
No bank nor any surety or guarantor of any bank shall suffer any penalty or liability for damages or increase of liability or be ...
- Section 5-10A-17 Officers not to incur liability or penalties for compliance with orders of superintendent, federal laws, etc
No public officer or surety on his official bond shall suffer any penalty or liability for damages or increase of liability or be in ...
