ยง 197. Provision for neglectful creditors. Any creditor who shall have
neglected to deliver to the trustees an account of his demand, before
the first, second, third or other dividend, and who shall deliver his
account to them before the second, or other subsequent dividend, shall
receive the sum he would have been entitled to, on any former dividend,
before any distribution be made to other creditors.
Structure New York Laws
Article 7 - Trustees for Insolvent and Imprisoned Debtors
163 - Death of Trustee; Survivor or Successor.
165 - Vesting of Property in 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.
177 - Reference of Disputed Claims.
178 - Application for 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.
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.
197 - Provision for Neglectful Creditors.
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.
210 - Order Permitting Renunciation.
211 - Assignment by Renouncing Trustee.
213 - Order for Discharge of Trustee From Trust.
215 - Recording Order and Filing Papers.
216 - Payment of Expense of Renunciation.