New York Laws
Article 7 - Trustees for Insolvent and Imprisoned Debtors
167 - Notice to Debtors, Bailees and Creditors.

ยง 167. Notice to debtors, bailees and creditors. The trustees,
immediately upon their appointment, shall give notice thereof for at
least three weeks in a newspaper published in the county where
application was made and therein shall require:

1. All persons indebted to such debtor, by a day and at a place
therein to be specified, to render an account of all debts and sums of
money owing by them respectively, to such trustees, and to pay the same;

2. All persons having in their possession any property or effects of
such debtor, to deliver the same to the said trustees by the day so
appointed;

3. All the creditors of such debtor to deliver their respective
accounts and demands to the trustees or one of them, by a day to be
therein specified, not less than forty days from the first publication
of such notice.

Structure New York Laws

New York Laws

DCD - Debtor and Creditor

Article 7 - Trustees for Insolvent and Imprisoned Debtors

160 - Trustees for Creditors.

161 - Sole Trustee.

162 - Two or More Trustees.

163 - Death of Trustee; Survivor or Successor.

164 - Trustees' Oath.

165 - Vesting of Property in Trustees.

166 - Powers of Trustees.

167 - Notice to Debtors, Bailees and Creditors.

168 - Power to Sue Notwithstanding Notice.

169 - Forfeiture for Failure to Comply With Notice.

170 - Warrant on Withholding Account or Property.

171 - Examination of Person Arrested.

172 - Imprisonment for Contumacy.

173 - No Discharge for Defects of Form.

174 - Penalties for Connivance at Escape.

175 - Effect of Answers on Examination.

176 - Reward to Informers.

177 - Reference of Disputed Claims.

178 - Application for Appointment of Referee.

179 - Appointment of Referee.

180 - Entry of Order of Reference.

181 - Powers, Duties and Compensation of Referees.

182 - Filing and Effect of Referees' Report.

183 - Commission to Take Testimony Out of County.

184 - Sale of Property and Accounts of Trustees.

185 - Meeting of Creditors and Notice Thereof.

186 - Proceedings at Creditors' Meetings.

187 - Payment of Disbursements and Commissions of Trustees.

188 - Preferred Debts.

189 - Distribution of Moneys.

190 - Preference of Debts Owing by Debtor as Trustee.

191 - Payment of Debts Before Maturity.

192 - Set-Off of Mutual Debts or Credits.

193 - No Set-Off in Certain Cases.

194 - Provision for Pending Actions.

194-A - Provision for Contingent or Unliquidated Liabilities.

195 - Penalties Recovered.

196 - Subsequent Dividends.

197 - Provision for Neglectful Creditors.

198 - Unclaimed Dividends.

199 - Disposition of Surplus.

200 - Allowance to Debtor.

201 - Accounting by Trustees.

202 - Trustees Subject to Order of Court.

203 - Appointment of Substitute Trustee.

204 - Application by Trustee for Leave to Renounce.

205 - Account Upon Application.

206 - Verification of Account.

207 - Order to Show Cause.

208 - Publication of Notice.

209 - Hearing.

210 - Order Permitting Renunciation.

211 - Assignment by Renouncing Trustee.

212 - Effect of Assignment.

213 - Order for Discharge of Trustee From Trust.

214 - Effect of Order.

215 - Recording Order and Filing Papers.

216 - Payment of Expense of Renunciation.

217 - New Trustee in Place of One Absent.

218 - Powers and Duties of New Trustee.