There Is a Newer Version
of
the New York Laws
2021 New York Laws
NPC - Not-For-Profit Corporation
Article 11 - Judicial Dissolution
1111 - Preservation of Assets; Appointment of Receiver.
Universal Citation:
NY Not for Profit Corp L § 1111 (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.
§ 1111. Preservation of assets; appointment of receiver.At any stage of an action or special proceeding under this article, the court may, in its discretion, make all such orders as it may deem proper in connection with preserving the property and carrying on the business of the corporation, including the appointment and removal of a receiver under article 12 (Receivership), who may be a director, officer or member of the corporation.
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