N.Y. Not-for-Profit Corporation Law Section 1201
Action by judgment creditor for sequestration

Where final judgment for a sum of money has been rendered against a corporation, and an execution issued thereupon to the sheriff of the county where the corporation conducts its activities, or where its office is located, has been returned wholly or partly unsatisfied, the judgment creditor may maintain an action to procure a judgment sequestrating the property of the corporation and providing for a distribution thereof.

Source: Section 1201 — Action by judgment creditor for sequestration, https://www.­nysenate.­gov/legislation/laws/NPC/1201 (updated Sep. 22, 2014; accessed Dec. 21, 2024).

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Accessed:
Dec. 21, 2024

Last modified:
Sep. 22, 2014

§ 1201’s source at nysenate​.gov

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