Prohibited transfers of assets

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All transfers of notes, bonds, bills of exchange or credits of the Bank or of deposits to the credit thereof, and all assignments of mortgages, security on real property or of judgments or decrees in favor of the Bank, and all deposits of money, or other things of value and all payments of money to its creditors made while the Bank is insolvent, or in anticipation of insolvency, with the intent of preventing the application of the assets of the Bank in the manner prescribed in this chapter or with the intent of giving preference to one creditor over another, shall be null and ineffective; and no attachment, levy, execution, foreclosure or writ of injunction shall issue against the Bank or against its properties before final judgment is rendered in any suit, action or proceedings in the District Court.


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