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Current as of January 01, 2025 | Updated by Findlaw Staff
In addition to any other power, right, privilege, immunity, ability or other authority conferred upon the secretary by this act, the secretary, as receiver of any institution, shall have any power, right, privilege, immunity, ability or other authority conferred upon the Federal Deposit Insurance Corporation by Federal law when acting as conservator or receiver which does not conflict with any power, right, privilege, immunity, ability or other authority conferred upon the secretary by this act, including the powers, rights, privileges, immunities, abilities and authorities conferred upon the Federal Deposit Insurance Corporation by section 11(d) through (w) of the Federal Deposit Insurance Act (64 Stat. 873, 12 U.S.C. § 1821(d) through (w)). The powers, rights, privileges, immunities, abilities and other authorities conferred upon the secretary by this provision are discretionary, and nothing in this act or any other law shall require the secretary to exercise any such power, right, privilege, immunity, ability or other authority when the secretary, in his discretion, determines not to do so.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 71 P.S. State Government § 733-726. Additional powers of the receiver - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-71-ps-state-government/pa-st-sect-71-733-726/
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