State Codes and Statutes

Statutes > New-york > Bsc > Article-12 > 1208

§ 1208. Penalty for concealing property from receiver.    Any   persons   having   possession   of  property  belonging  to  the  corporation, who  shall  wrongfully  withhold  such  property  from  the  receiver  after the day specified in the notice given under section 1207  (Duties of receiver upon appointment), shall  forfeit  to  the  receiver  double  the  value of such property, and the same may be recovered in an  action by the receiver.

State Codes and Statutes

Statutes > New-york > Bsc > Article-12 > 1208

§ 1208. Penalty for concealing property from receiver.    Any   persons   having   possession   of  property  belonging  to  the  corporation, who  shall  wrongfully  withhold  such  property  from  the  receiver  after the day specified in the notice given under section 1207  (Duties of receiver upon appointment), shall  forfeit  to  the  receiver  double  the  value of such property, and the same may be recovered in an  action by the receiver.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Bsc > Article-12 > 1208

§ 1208. Penalty for concealing property from receiver.    Any   persons   having   possession   of  property  belonging  to  the  corporation, who  shall  wrongfully  withhold  such  property  from  the  receiver  after the day specified in the notice given under section 1207  (Duties of receiver upon appointment), shall  forfeit  to  the  receiver  double  the  value of such property, and the same may be recovered in an  action by the receiver.