There Is a Newer Version
of
the New York Laws
2021 New York Laws
DCD - Debtor and Creditor
Article 7 - Trustees for Insolvent and Imprisoned Debtors
214 - Effect of Order.
Universal Citation:
NY Debt & Cred L § 214 (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.
§ 214. Effect of order. Upon such order being granted, such trustee shall be discharged from the trust reposed in him, and his power and authority shall thereupon cease; but he shall, notwithstanding, remain subject to any liability he may have incurred, at any time previous to the granting of such order, in the management of his trust.
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