Actions in the Superior Court to approve a plan of bank reorganization shall be summary unless the court otherwise orders. The written approval of the Commissioner of Banking and Insurance shall be annexed to the complaint unless the Commissioner or the bank is the plaintiff.
Rule 4:56-1.Summary action; complaint
Last amended September 1, 1994 · Current through June 18, 2026 · Last verified July 7, 2026
In one sentenceRule 4:56-1 makes an action to approve a bank reorganization plan a summary action, and requires the Commissioner of Banking and Insurance's written approval attached to the complaint unless the Commissioner or the bank is the plaintiff.
Full Text of Rule 4:56-1
Amendment History
New Jersey publishes each rule’s amendment record in a “History” note beneath the rule. It is reproduced verbatim below; the “R.R.” citations refer to the former Revised Rules numbering the current rules replaced.
Source-R.R. 4:71-1; amended July 13, 1994 to be effective September 1, 1994.
Plain-English Summary
Approving a plan to reorganize a bank moves on an accelerated track: unless the court orders otherwise, the action proceeds as a summary action rather than under ordinary litigation timelines.
The complaint also needs the regulator's sign-off already attached — the written approval of the Commissioner of Banking and Insurance — unless the Commissioner or the bank itself is the one bringing the action.
Frequently Asked Questions
Is an action to approve a bank reorganization plan handled like an ordinary lawsuit in New Jersey?
No. Unless the court orders otherwise, it proceeds as a summary action, and the complaint must attach the Commissioner of Banking and Insurance's written approval unless the Commissioner or the bank is the plaintiff.
Source & verification. The rule text and amendment history are reproduced verbatim from the
official New Jersey Rules of Court (N.J. Ct. R. 4:56-1). Prescribed by the Supreme Court of New Jersey (N.J. Const. art. VI, § 2, ¶ 3). The plain-English summary is original and written by us. Last verified July 7, 2026. ·
Official source
Also known as: bank reorganization plan approval