2006 New York Code - Final Distribution By Receiver.

 
  § 1211. Final distribution by receiver.
    (a) If  there  remains  property  of  the  corporation after the first
  distribution, the receiver shall, within one  year  thereafter,  make  a
  final  distribution  among  the  creditors entitled thereto. Notice that
  such distribution will be the final distribution to creditors  shall  be
  published  once  a  week  for  two  consecutive  weeks in a newspaper of
  general circulation in the county where the office of the corporation is
  located.
    (b) A creditor or claimant who failed to prove his  claim  before  the
  first  distribution and who proves it before the final one shall receive
  the sum he would have been entitled to on the first distribution  before
  any further distribution shall be made to other creditors or claimants.
    (c) Unless  the  court  shall  otherwise direct, no other distribution
  shall be made thereafter to creditors, except to  those  having  pending
  actions against the corporation or the receiver.
    (d) After  the final distribution to creditors, the receiver shall not
  be answerable to any creditor or claimant, unless his claim  shall  have
  been  proved  before or at the time specified in the notice of the final
  distribution.