N.Y. General Business Law § 353-a: Receivers

§ 353-a. Receivers. In any action brought by the attorney-general as

provided in this article, the court at any stage of the proceedings may

appoint a receiver of any and all property derived by the defendant or

defendants or any of them by means of any such fraudulent practices,

including also all property with which such property has been mingled if

such property can not be identified in kind because of such commingling,

together with any or all books of account and papers relating to the

same. The judgment entered in such action may provide that such receiver

shall take title to any or all such property and books of account and

papers relating to the same and liquidate such property or any part

thereof for the benefit of all persons intervening in the said action

and establishing an interest in such property. The judgment may also

provide that all such property, the title to or interest in which has

not been established in such action by intervenors or otherwise by due

process to be in a person or persons other than defendant or defendants,

shall be returned to the defendant or defendants as their interest may

appear. Such receiver shall be subject to all the duties of receivers

appointed in a civil action as far as practicable except that such

provisions relating to commissions or compensation of receivers shall

not be applicable to receivers appointed pursuant to this section, but

such commissions or compensation shall be fixed by the court in any

amount which it may determine to be just and equitable. In any action

brought by the attorney-general as provided in this article the court

may grant such other and further relief as may be proper.