Receivership Powers and Procedures Generally

  1. Law
  2. Georgia Code
  3. Banking and Finance
  4. Financial Institutions
  5. Provisions Applicable to Department of Banking and Finance and Financial Institutions Generally
  6. Receivership Powers and Procedures Generally

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Section
7-1-150

Taking of Possession by Department; Cumulative Remedies

Section
7-1-151

Status of Department as Receiver; Restrictions on Appointment

Section
7-1-152

General Assignment Prohibited; Taking of Possession Upon Request

Section
7-1-153

Posting of Notice of Taking Possession

Section
7-1-154

Certificate of Possession; Naming Deputy Receiver

Section
7-1-155

Injunction to Restrain Department

Section
7-1-156

Supervision of Department by Court

Section
7-1-157

General Powers of Department in Possession

Section
7-1-158

Appointment of Deputy Receivers, Counsel, and Other Assistants

Section
7-1-159

Suspension or Continuation of Business

Section
7-1-160

Determination to Liquidate; Filing of Supplemental Certificate

Section
7-1-161

Powers and Duties of Department Before and After Determination to Liquidate

Section
7-1-162

Inventory and Appraisement

Section
7-1-163

Notice to Holders of Assets; Power of Court to Order Transfer

Section
7-1-164

Power of Department to Borrow Money

Section
7-1-165

Surrender of Burdensome Assets

Section
7-1-166

Compromise of Claims; Extension of Mortgages or Notes

Section
7-1-167

Payment of Mortgages and Liens; Protection of Equities

Section
7-1-168

Sales of Real Property

Section
7-1-169

Leases of Property

Section
7-1-170

Sales or Exchanges of Securities; Sales of Liens or Personal Property

Section
7-1-171

Deposit of Moneys by Department

Section
7-1-172

Disposition of Property in Safe-Deposit Vault or Held for Safekeeping

Section
7-1-173

Bringing or Defending Actions

Section
7-1-174

Surrender of Possession by Department Prior to Final Liquidation; Special Liquidations and Reorganizations

Section
7-1-175

Ability of Department to Reject Executory Contract or Lease of Financial Institution in Receivership

Section
7-1-176

Sale of Assets of Financial Institution in Receivership