New York Statutes

§ 1114 — Certain sales, transfers, security interests and judgments void

New York § 1114
JurisdictionNew York
Law BSCBusiness Corporation
Art. 11Judicial Dissolution

This text of New York § 1114 (Certain sales, transfers, security interests and judgments void) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Business Corporation § 1114 (2026).

Text

§ 1114. Certain sales, transfers, security interests and judgments void.\n A sale, mortgage, conveyance or other transfer of, or the creation of\na security interest in, any property of a corporation made, without\nprior approval of the court, after service upon the corporation of a\nsummons in an action, or of an order to show cause in a special\nproceeding, under this article in payment of or as security for an\nexisting or prior debt or for any other or for no consideration, or a\njudgment thereafter rendered against the corporation by confession or\nupon the acceptance of any offer, shall be void as against such persons\nand to such extent, if any, as the court shall determine.\n

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Related

In re Rappaport
110 A.D.2d 639 (Appellate Division of the Supreme Court of New York, 1985)
17 case citations
Sutton v. Burdick
135 A.D.3d 1016 (Appellate Division of the Supreme Court of New York, 2016)
2 case citations
In re Musano
28 A.D.3d 349 (Appellate Division of the Supreme Court of New York, 2006)
1 case citations
In re the Dissolution of Lowbet Realty Corp. Shau Chung Hu
38 Misc. 3d 589 (New York Supreme Court, 2012)
1 case citations
Matter of Shau Chung Hu v. Lowbet Realty Corp.
2018 NY Slip Op 3529 (Appellate Division of the Supreme Court of New York, 2018)
Shau Chung Hu ex rel. Lowbet Realty Corp. v. Lowbet Realty Corp.
43 Misc. 3d 587 (New York Supreme Court, 2014)

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Bluebook (online)
New York § 1114, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/1114.