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New York Consolidated Laws, Business Corporation Law - BSC § 1214. Application by attorney-general for removal of receiver and to close receivership

Current as of January 01, 2026 | Updated by Findlaw Staff

(a) Whenever he deems it to be to the advantage of the shareholders, creditors or other persons interested in the assets of any corporation for which a receiver has been appointed, the attorney-general may move:

(1) For an order removing the receiver and appointing another in his stead;

(2) To compel the receiver to account;

(3) For such other and additional orders as may facilitate the closing of the receivership.

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Cite this article: FindLaw.com - New York Consolidated Laws, Business Corporation Law - BSC § 1214. Application by attorney-general for removal of receiver and to close receivership - last updated January 01, 2026 | https://codes.findlaw.com/ny/business-corporation-law/bsc-sect-1214/

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