(a) A receiver, before entering upon his duties, shall:
(1) Take and subscribe an oath that he will faithfully, honestly and
impartially discharge the trust committed to him, and the oath shall be
filed with the clerk of the court in which the action or special
proceeding is pending.
(2) File with the clerk of such court a bond to the people, with at
least two sufficient sureties or a bond executed by any fidelity or
surety company authorized by the laws of this state to transact
business, in a penalty fixed by the court appointing him, conditioned
for the faithful discharge of his duties as receiver. The court may at
any time direct a receiver to give a new bond with new sureties and with
like condition.
Structure New York Laws
1201 - Action by Judgment Creditor for Sequestration.
1202 - Appointment of Receiver of Property of a Domestic or Foreign Corporation.
1203 - Temporary and Permanent Receiver.
1205 - Designation of Depositories by Court.
1206 - Powers of Permanent Receiver.
1207 - Duties of Receiver Upon Appointment.
1208 - Penalty for Concealing Property From Receiver.
1210 - Order of Payment by Receiver.
1211 - Final Distribution by Receiver.
1212 - Disposition of Moneys Retained; Surplus; Unclaimed Distributions.
1213 - Omission or Default of Receiver.
1214 - Application by Attorney-General for Removal of Receiver and to Close Receivership.
1215 - Resignation by Receiver; Filling Any Vacancy.
1216 - Final Accounting; Notice; Duty of Attorney-General.
1218 - Special Provisions Relating to Actions or Special Proceedings Against Foreign Corporations.