New York § 1214 Application by attorney-general for removal of receiver and to close receivership

New York Statutes

§ 1214 — Application by attorney-general for removal of receiver and to close receivership

New York § 1214

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Art. 12Receivership

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Bluebook

N.Y. Business Corporation § 1214 (2026).

Text

§ 1214. Application by attorney-general for removal of receiver and to\n          close receivership.\n  (a) Whenever he deems it to be to the advantage of the shareholders,\ncreditors or other persons interested in the assets of any corporation\nfor which a receiver has been appointed, the attorney-general may move:\n  (1) For an order removing the receiver and appointing another in his\nstead;\n  (2) To compel the receiver to account;\n  (3) For such other and additional orders as may facilitate the closing\nof the receivership.\n

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§ 1214. Application by attorney-general for removal of receiver and to\n close receivership.\n (a) Whenever he deems it to be to the advantage of the shareholders,\ncreditors or other persons interested in the assets of any corporation\nfor which a receiver has been appointed, the attorney-general may move:\n (1) For an order removing the receiver and appointing another in his\nstead;\n (2) To compel the receiver to account;\n (3) For such other and additional orders as may facilitate the closing\nof the receivership.\n