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  4. Art. 12

Article 12
Receivership

Sections

1201
Action by judgment creditor for sequestration
1202
Appointment of receiver of property of a domestic or foreign corporation
1203
Temporary and permanent receiver
1204
Oath and security
1205
Designation of depositories by court
1206
Powers of permanent receiver
1207
Duties of receiver upon appointment
1208
Penalty for concealing property from receiver
1209
Recovery of assets
1210
Order of payment by receiver
1211
Final distribution by receiver
1212
Disposition of moneys retained
1213
Omission or default of receiver
1214
Application by attorney-general for removal of receiver and to close receivership
1215
Resignation by receiver
1216
Final accounting
1217
Commissions
1218
Special provisions relating to actions or special proceedings against foreign corporations
 



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Location: https://newyork.public.law/laws/n.y._business_corporation_law_article_12

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

Do you have an opinion about this solution? Drop us a line.