N.Y. Business Corporation Law § 1208: Penalty for concealing property from receiver

§ 1208. Penalty for concealing property from receiver.

Any persons having possession of property belonging to the

corporation, who shall wrongfully withhold such property from the

receiver after the day specified in the notice given under section 1207

(Duties of receiver upon appointment), shall forfeit to the receiver

double the value of such property, and the same may be recovered in an

action by the receiver.