2006 New York Code - Temporary And Permanent Receiver.


 
  § 1203. Temporary and permanent receiver.
    (a)  At any stage before final judgment or final order in an action or
  special proceeding brought under this article, the court may appoint one
  or more receivers of the property of the corporation or of the  property
  in  this state of a foreign corporation against which an action has been
  brought under subparagraph (a)  (4)  of  section  1202  (Appointment  of
  receiver of property of a domestic or foreign corporation). Notice of an
  application  for  the  appointment  of  a receiver shall be given to the
  attorney-general and to such other persons and in  such  manner  as  the
  court  directs.  The  determination  by  the  court  of the necessity or
  advisability of appointing a receiver or an attorney for a receiver, and
  the allowance of expenses, commissions or compensation to  the  receiver
  or  his  attorney,  shall be subject to review on appeal. This provision
  shall not affect any other right to review on appeal.
    (b) A receiver appointed by or under a final judgment or order  in  an
  action  or  special proceeding, or a temporary receiver who is continued
  by the final judgment or order, is a permanent receiver. The  court  may
  confer  upon  a  temporary  receiver  the powers, and subject him to the
  duties of a permanent receiver, or so much thereof as it deems proper.


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