N.Y. Debt. & Cred. Law § 201

Current through 2024 NY Law Chapter 457

Section 201 - Accounting by trustees

Within ten days after any dividend made by any trustees, they shall render on oath and file with the clerk of the court where the order appointing them was entered an account in writing of all their proceedings in the premises, stating:

1. Their disbursements, commissions and the dividends made by them;

2. The names and residences of the creditors to whom dividends were made, and the names of those actually receiving them;

3. The property, moneys and effects of the debtor remaining in their hands, and the value and situation of such property.

And such trustees may at any time be compelled by an order of the supreme court, or of the county court of the county in which they reside, to render such account on oath, on the application of the debtor, or of any creditor.

N.Y. Debt. and Cred. Law § 201