Section 1341 – Accounts

May 14, 2021 | Civil Procedure, New York

A temporary receiver shall keep written accounts itemizing receipts and expenditures, and describing the property and naming the depository of receivership funds, which shall be open to inspection by any person having an apparent interest in the property, the court may require the keeping of particular records or direct or limit inspection or require presentation of a temporary receiver’s accounts. Notice of a motion for the presentation of a temporary receiver’s accounts shall be served upon the sureties on his or her undertaking as well as upon each party.

N.Y. C.P.L.R. Law ยง 1341