N.Y. Civil Practice Law and Rules 1017 – Substitution in case of receivership or dissolution of a corporation
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§ 1017. Substitution in case of receivership or dissolution of a corporation. If a receiver is appointed for a party, or a corporate party is dissolved, the court shall order substitution of the proper parties.
Terms Used In N.Y. Civil Practice Law and Rules 1017
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.