§ 218. Powers and duties of new trustee. The trustee appointed in the place of the trustee so removed shall in all respects have the like powers and authority, and be subject to the same control, obligations and responsibilities as the trustee originally appointed; and the appointment of such trustee shall be certified and recorded as the original appointment was required to be recorded.

Terms Used In N.Y. Debtor and Creditor Law 218

  • Trustee: A person or institution holding and administering property in trust.