New York § 169 Forfeiture for failure to comply with notice

New York Statutes

§ 169 — Forfeiture for failure to comply with notice

New York § 169

Law DCDDebtor & Creditor

Art. 7Trustees For Insolvent and Imprisoned Debtors

This text of New York § 169 (Forfeiture for failure to comply with notice) 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. Debtor & Creditor § 169 (2026).

Text

  § 169. Forfeiture for failure to comply with notice. Every person\nindebted to such debtor, or having the possession or custody of any\nproperty or thing in action, belonging to him, who shall conceal the\nsame, and not deliver a just and true account of such indebtedness, or\nnot deliver such property or thing in action, to the trustees or one of\nthem, by the day for that purpose appointed, shall forfeit double the\namount of such debt, or double the value of such property so concealed;\nwhich penalties may be recovered by the trustees.\n

Free access — add to your briefcase to read the full text and ask questions with AI

§ 169. Forfeiture for failure to comply with notice. Every person\nindebted to such debtor, or having the possession or custody of any\nproperty or thing in action, belonging to him, who shall conceal the\nsame, and not deliver a just and true account of such indebtedness, or\nnot deliver such property or thing in action, to the trustees or one of\nthem, by the day for that purpose appointed, shall forfeit double the\namount of such debt, or double the value of such property so concealed;\nwhich penalties may be recovered by the trustees.\n