N.Y. Cooperative Corporations Law § 18: Jurisdiction of the supreme court

§ 18. Jurisdiction of the supreme court. In the case of a corporation

dissolving as provided in this chapter, the supreme court, upon the

petition of the committee or a majority of them, or in a proper case,

upon the petition of a creditor or member, or upon the petition of the

attorney-general, upon notice to all of the committee and to such other

interested persons as the court may specify from time to time may order

and adjudge in respect to the following matters:

1. The giving of notice by publication or otherwise of the time and

place for the presentation of all claims and demands against the

corporation, which notice may require all creditors of and claimants

against the corporation to present in writing and in detail at the place

specified their respective accounts and demands to the committee by a

day therein specified, which shall not be less than forty days from the

service or first publication of such notice.

2. The payment or satisfaction in whole or in part of claims and

demands against the corporation, or the retention of moneys for such

purpose.

3. The presentation and filing of intermediate and final accounts of

the committee, the hearing thereon, the allowance and disallowance

thereof, and the discharge of the committee or any of them, from their

duties and liabilities.

4. The administration of any trust or the disposition of any property

held in trust by or for the corporation.

5. The sale and dispostion of any remaining property of the

corporation and the distribution of such property or its proceeds among

the members or persons entitled thereto.

6. Such matters as justice may require.

All orders and judgments shall be binding upon the corporation, its

property and assets, its committee, members, creditors and all claimants

against it.