New York § 195 Penalties recovered

New York Statutes

§ 195 — Penalties recovered

New York·Law DCD Debtor & Creditor·Art. 7 Trustees For Insolvent and Imprisoned Debtors

  § 195. Penalties recovered. All penalties which shall be recovered by\nany trustees, pursuant to the provisions of this article, shall be\ndeemed a part of the estate of the debtor, and shall be distributed as\nsuch among his creditors.\n

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Nearby Sections

12

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Payment of debts before maturity

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Set-off of mutual debts or credits

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No set-off in certain cases

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Provision for pending actions

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Penalties recovered

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Subsequent dividends

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Provision for neglectful creditors

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Unclaimed dividends

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Disposition of surplus

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