ยง 212. Effect of assignment. Such assignment shall transfer to the
persons to whom it shall be made, all the remaining estate and effects,
vested in the trustee so renouncing; and such new assignee shall have
the same powers, be subject to the same duties, and be entitled to the
same compensation, as the original trustee; and shall continue any suit
that may have been commenced by such original trustee, in his name, or
in that of such new assignee.
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.