There Is a Newer Version of the New York Consolidated Laws
2012 New York Consolidated Laws
DCD - Debtor & Creditor
Article 2 - (2 - 24) GENERAL ASSIGNMENTS FOR THE BENEFIT OF CREDITORS
7 - Further security.
NY Debt & Cred L § 7 (2012) What's This?
§ 7. Further security. The judge may, upon his own motion or upon the
application of any party in interest, and on such notice as he may
direct to be given to the assignor, assignee and surety, require further
security to be given whenever, in his judgment, the security afforded by
the bond on file is not adequate.
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