New York Business Corporation Code § 1113

Preservation of assets; appointment of receiver
Open in Lexace · Ask the AI about this section
§ 1113. Preservation of assets; appointment of receiver.\n  At any stage of an action or special proceeding under this article,\nthe court may, in its discretion, make all such orders as it may deem\nproper in connection with preserving the property and carrying on the\nbusiness of the corporation, including the appointment and removal of a\nreceiver under article 12 (Receivership), who may be a director, officer\nor shareholder of the corporation.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.