Laws of New York (Last Updated: November 21, 2014) |
DCD Debtor and Creditor |
Article 7. TRUSTEES FOR INSOLVENT AND IMPRISONED DEBTORS |
Section 214. Effect of order
Latest version.
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Upon such order being granted, such trustee shall be discharged from the trust reposed in him, and his power and authority shall thereupon cease; but he shall, notwithstanding, remain subject to any liability he may have incurred, at any time previous to the granting of such order, in the management of his trust.