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N.Y. Business Corporation Law § 1201

Action by judgment creditor for sequestration

New York · New York Business Corporation Law · Status: effective · Effective 2014-09-22

Courts & Civil Procedure
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N.Y. Business Corporation Law § 1201, Action by judgment creditor for sequestration, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1095320
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§ 1201. Action by judgment creditor for sequestration. Where final judgment for a sum of money has been rendered against a corporation, and an execution issued thereupon to the sheriff of the county where the corporation does its general business, or where its office is located, has been returned wholly or partly unsatisfied, the judgment creditor may maintain an action to procure a judgment sequestrating the property of the corporation and providing for a distribution thereof.