Statute · New York Debtor & Creditor Law

N.Y. Debt. & Cred. Law § 195 — Penalties recovered

N.Y. Debt. & Cred. Law § 195

Type
Statute
Source
New York Debtor & Creditor Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 195. Penalties recovered. All penalties which shall be recovered by any trustees, pursuant to the provisions of this article, shall be deemed a part of the estate of the debtor, and shall be distributed as such among his creditors.

Citator

N.Y. Debt. & Cred. Law § 195 — Penalties recovered is in force in the current edition of the Code, and nothing recorded condemns it.

§ 195. Penalties recovered. All penalties which shall be recovered by any trustees, pursuant to the provisions of this article, shall be deemed a part of the estate of the debtor, and shall be distributed as such among his creditors.