N.Y. Debtor & Creditor Law § 279
Governing law
Redline — January 1, 2015 → current.View current text →
Current — January 1, 2021
As of January 1, 2015
§ 279. Rights of creditors whose claims have not matured. Where a\nconveyance made or obligation incurred is fraudulent as to a creditor\nwhose claim has not matured he may proceed in a court of competent\njurisdiction against any person against whom he could have proceeded had\nhis claim matured, and the court may,\n a. Restrain the defendant from disposing of his property.\n b. Appoint a receiver to take charge of the property,\n c. Set aside the conveyance or annul the obligation, or\n d. Make any order which the circumstances of the case may require.\n
§ 279. Governing law. (a) In this section, the following rules\ndetermine a debtor's location:\n (1) A debtor who is an individual is located at the individual's\nprincipal residence.\n (2) A debtor that is an organization and has only one place of\nbusiness is located at its place of business.\n (3) A debtor that is an organization and has more than one place of\nbusiness is located at its chief executive office.\n (b) A claim for relief in the nature of a claim for relief under this\narticle is governed by the local law of the jurisdiction in which the\ndebtor is located when the transfer is made or the obligation is\nincurred.\n
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.