2017 New York Laws
BSC - Business Corporation
Article 12 - Receivership
1205 - Designation of Depositories by Court.

Universal Citation: NY Bus Corp L § 1205 (2017)
1205. Designation of depositories by court.

All orders appointing a receiver of a corporation shall designate therein one or more places of deposit, wherein all funds of the corporation not needed for immediate disbursement shall be deposited and no other deposits and no investment of such funds shall be made, except upon the order of the court.


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