N.Y. Banking Law 612 – Certificates to be recorded and received in evidence
§ 612. Certificates to be recorded and received in evidence. The superintendent, deputy superintendents, and the special deputy superintendents designated under the provisions of section six hundred eleven of this chapter, are hereby authorized to subscribe and acknowledge written statements reciting determinations made or acts performed pursuant to the powers vested in and duties imposed upon the superintendent pursuant to the terms and provisions of this chapter. Every paper so executed and acknowledged by the superintendent or a deputy superintendent or a special deputy superintendent may be recorded in any proper recording office in the same manner and with the same effect as a deed regularly acknowledged and, whether or not so recorded, shall be received in evidence in any action or proceeding now pending or hereafter commenced, and shall be presumptive evidence of the facts therein stated.
Terms Used In N.Y. Banking Law 612
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
Any statement, similarly executed and acknowledged, setting forth an extract from a book, record or document of any banking organization in the possession of the superintendent or any other book, record or document relating to the liquidation thereof, shall be received in evidence in any action or proceeding now pending or hereafter commenced with the same effect as the original book, record or document.