Laws of New York (Last Updated: November 21, 2014)

Section 1205. Designation of depositories by court

Latest version.

All  orders  appointing  a  receiver  of a corporation shall designate
  therein one or  more  places  of  deposit,  wherein  all  funds  of  the
  corporation not needed for immediate disbursement shall be deposited and
  no  other deposits and no investment of such funds shall be made, except
  upon the order of the court.

                    
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