N.Y. Banking Law § 611: Special deputies; assistants; counsel and other employees

§ 611. Special deputies; assistants; counsel and other employees. The

superintendent may, by certificate, under his hand and the official seal

of the department, appoint one or more special deputy superintendents as

agent or agents to assist him in liquidating the business and affairs of

any banking organization in his possession. The superintendent shall

file such certificate in his office and shall cause a certified copy

thereof to be filed with the supreme court in the judicial district in

which the principal office of such banking organization is located. He

may delegate such special deputy superintendents to perform such duties

connected with such liquidation as he may deem proper. The

superintendent may employ such counsel and expert assistants, without

being subject to the requirements of section one hundred twelve of the

state finance law or to the prior approval of any other state agency,

under such titles as he shall assign to them and may retain such of the

officers or employees of such banking organization as he may deem

necessary in the liquidation and distribution of its assets. He shall

require such security as he may deem proper from his agents and

assistants appointed pursuant to the provisions of this section.