Statute · New York Not-for-Profit Corporation Law

N.Y. Not-for-Profit Corp. Law § 1214 — Application by attorney-general for removal of receiver and to close receivership

N.Y. Not-for-Profit Corp. Law § 1214

Type
Statute
Source
New York Not-for-Profit Corporation Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 1214. Application by attorney-general for removal of receiver and to

Citator

N.Y. Not-for-Profit Corp. Law § 1214 — Application by attorney-general for removal of receiver and to close receivership is in force in the current edition of the Code, and nothing recorded condemns it.

§ 1214. Application by attorney-general for removal of receiver and to

close receivership.

(a) Whenever he or she deems it to be to the advantage of the members, creditors or other persons interested in the assets of any corporation for which a receiver has been appointed, the attorney-general may move:

(1) For an order removing the receiver and appointing another receiver;

(2) To compel the receiver to account;

(3) For such other and additional orders as may facilitate the closing of the receivership.