2015 New York Laws
NPC - Not-For-Profit Corporation
Article 12 - (Not-For-Profit Corporation) RECEIVERSHIP
1214 - Application by attorney-general for removal of receiver and to close receivership.
1214. Application by attorney-general for removal of receiver and toclose receivership.
(a) Whenever he or she deems it to be to the advantage of the members, creditors or other persons interested in the assets of any corporation for which a receiver has been appointed, the attorney-general may move:
(1) For an order removing the receiver and appointing another receiver;
(2) To compel the receiver to account;
(3) For such other and additional orders as may facilitate the closing of the receivership.
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