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2016 New York Laws
DCD - Debtor & Creditor
Article 7 - (Debtor & Creditor) TRUSTEES FOR INSOLVENT AND IMPRISONED DEBTORS
169 - Forfeiture for failure to comply with notice.

NY Debt & Cred L § 169 (2016) What's This?
  169.  Forfeiture  for  failure  to comply with notice. Every person
  indebted to such debtor, or having the  possession  or  custody  of  any
  property  or  thing  in  action, belonging to him, who shall conceal the
  same, and not deliver a just and true account of such  indebtedness,  or
  not  deliver such property or thing in action, to the trustees or one of
  them, by the day for that purpose appointed, shall  forfeit  double  the
  amount  of such debt, or double the value of such property so concealed;
  which penalties may be recovered by the trustees.

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