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59 chapters · 1,235 sections in this title.
11 GCA § 146101 Definitions
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The terms plan and plan of reorganization, as used in this Chapter, are hereby defined to mean a plan for the rehabilitation, readjustment, reorganization or liquidation of an association, or for the readjustment, modification or reorganization of the rights or interests of any o…
11 GCA § 146102 Reorganization by Commissioner
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As a condition to restoration of possession and resumption of business pursuant to Section 141107 of this act, the commissioner may require an association, the business, property and assets of which are in his possession, to adopt and agree to carry out a plan of reorganization p…
11 GCA § 146103 Priorities and Value
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In any plan proposed pursuant to Section 146102 due consideration shall be given to the rights and interests of all persons affected thereby (with due regard to the feasibility of such plan and the condition of such association), in the following order of priorities: First, secur…
11 GCA § 146104 Hearing
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At any hearing before the commissioner pursuant to Section 146102 any interested certificate holder, shareholder, stockholder or creditor shall have the right to appear either in support of the plan or plans or petition or in opposition thereto; and any such hearing shall be, amo…