2012 New York Consolidated Laws
CCO - Cooperative Corporations
Article 2 - (10 - 18) FORMATION AND DISSOLUTION OF COOPERATIVE CORPORATIONS; CLASSES; POWERS; BY-LAWS
18 - Jurisdiction of the supreme court.

 
    §  18. Jurisdiction of the supreme court. In the case of a corporation
  dissolving as provided in this chapter,  the  supreme  court,  upon  the
  petition  of  the  committee or a majority of them, or in a proper case,
  upon the petition of a creditor or member, or upon the petition  of  the
  attorney-general,  upon notice to all of the committee and to such other
  interested persons as the court may specify from time to time may  order
  and adjudge in respect to the following matters:
    1. The  giving  of  notice by publication or otherwise of the time and
  place for the  presentation  of  all  claims  and  demands  against  the
  corporation,  which  notice  may  require all creditors of and claimants
  against the corporation to present in writing and in detail at the place
  specified their respective accounts and demands to the  committee  by  a
  day  therein specified, which shall not be less than forty days from the
  service or first publication of such notice.
    2. The payment or satisfaction in whole  or  in  part  of  claims  and
  demands  against  the  corporation,  or the retention of moneys for such
  purpose.
    3. The presentation and filing of intermediate and final  accounts  of
  the  committee,  the  hearing  thereon,  the  allowance and disallowance
  thereof, and the discharge of the committee or any of them,  from  their
  duties and liabilities.
    4. The  administration of any trust or the disposition of any property
  held in trust by or for the corporation.
    5. The  sale  and  dispostion  of  any  remaining  property   of   the
  corporation  and the distribution of such property or its proceeds among
  the members or persons entitled thereto.
    6. Such matters as justice may require.
    All orders and judgments shall be binding upon  the  corporation,  its
  property and assets, its committee, members, creditors and all claimants
  against it.