There Is a Newer Version
of
the New York Laws
2021 New York Laws
BSC - Business Corporation
Article 12 - Receivership
1201 - Action by Judgment Creditor for Sequestration.
Universal Citation:
NY Bus Corp L § 1201 (2021)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 1201. Action by judgment creditor for sequestration.Where final judgment for a sum of money has been rendered against a corporation, and an execution issued thereupon to the sheriff of the county where the corporation does its general business, or where its office is located, has been returned wholly or partly unsatisfied, the judgment creditor may maintain an action to procure a judgment sequestrating the property of the corporation and providing for a distribution thereof.
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