New York Consolidated Laws, Not-For-Profit Corporation Law - NPC § 1205. Designation of depositories by court
Current as of January 01, 2021 | Updated by FindLaw Staff
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All orders appointing a receiver of a corporation shall designate therein one or more places of deposit, wherein all funds of the corporation not needed for immediate disbursement shall be deposited and no other deposits and no investment of such funds shall be made, except upon the order of the court.
Cite this article: FindLaw.com - New York Consolidated Laws, Not-For-Profit Corporation Law - NPC § 1205. Designation of depositories by court - last updated January 01, 2021 | https://codes.findlaw.com/ny/notforprofit-corporation-law/npc-sect-1205/
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