(a) A receiver shall be entitled, in addition to his necessary
expenses, to such commissions upon the sums received and disbursed as
may be allowed by the court, as follows:
(1) On the first twenty thousand dollars, not exceeding five percent;
(2) On the next eighty thousand dollars, not exceeding two and
one-half percent; and
(3) On the remainder, not exceeding one percent.
(b) If the commissions of the receiver so computed do not amount to
one hundred dollars, the court in its discretion may allow such sum not
exceeding one hundred dollars as shall be reasonable.
(c) When more than one receiver shall be appointed, the compensation
herein provided shall be divided between them, as the court directs.
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.