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New York · Through 2026-09-11

N.Y. Banking Law § 614: Obtaining possession of pleadings, et cetera, in actions against which attorneys' liens are asserted

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Where this section sits in the code
  1. Banking Law
  2. Article 13. Merger; Voluntary Dissolution; Superintendent's Taking Possession; Reorganization; Liquidation

§ 614. Obtaining possession of pleadings, et cetera, in actions

against which attorneys' liens are asserted. When the superintendent is

in possession of any banking organization, and attorneys' liens are

asserted by attorneys of such banking organization against any causes of

action to which such banking organization is a party, or against

pleadings or other papers in the possession of such attorneys relating

to such causes of action, or if such liens are asserted against any

evidences of title to any assets or against any of the assets of such

banking organization then in the possession of such attorneys, the

superintendent may institute special proceedings and petition the court

to fix and determine the amount of such liens. Such proceedings shall be

instituted in the county in which the principal office of such banking

organization is located. Upon application of the superintendent and upon

notice to such attorneys to be prescribed by the court, the court may by

order prior to final order in such proceeding direct such attorneys to

deliver to the superintendent all property of such banking organization,

against which such liens are asserted, together with such consents to

substitution of attorneys as the court may direct, upon the

superintendent furnishing security to such attorneys in the manner and

to an amount that may be fixed by the court.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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