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Current as of January 01, 2026 | Updated by Findlaw Staff
The trustees, immediately upon their appointment, shall give notice thereof for at least three weeks in a newspaper published in the county where application was made and therein shall require:
1. All persons indebted to such debtor, by a day and at a place therein to be specified, to render an account of all debts and sums of money owing by them respectively, to such trustees, and to pay the same;
2. All persons having in their possession any property or effects of such debtor, to deliver the same to the said trustees by the day so appointed;
3. All the creditors of such debtor to deliver their respective accounts and demands to the trustees or one of them, by a day to be therein specified, not less than forty days from the first publication of such notice.
Cite this article: FindLaw.com - New York Consolidated Laws, Debtor and Creditor Law - DCD § 167. Notice to debtors, bailees and creditors - last updated January 01, 2026 | https://codes.findlaw.com/ny/debtor-and-creditor-law/dcd-sect-167/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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