{"data":{"id":"us-ny/n.y.-debtor-creditor-law-54","jurisdiction":"us-ny","citation":"N.Y. Debtor \u0026 Creditor Law § 54","heading":"Consent of executor, administrator, receiver, or trustee","body":"§ 54. Consent of executor, administrator, receiver, or trustee. An\nexecutor or administrator may become a consenting creditor, under the\norder of the surrogate's court from which his letters issued. A trustee,\nofficial assignee, or receiver of the property of a creditor of the\npetitioner, whether created by operation of law or by the act of\nparties, may become a consenting creditor, under the order of a justice\nof the supreme court. A person who becomes a consenting creditor, as\nprescribed in this section, is chargeable only for the sum which he\nactually receives, as a dividend of the insolvent's property.","path":["Debtor \u0026 Creditor Law","Article 3. Insolvent's Discharge From Debts"],"source_url":"https://legislation.nysenate.gov/api/3/laws/DCD/54","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"138be3001d2f814da4c00e7080dcf84a02e92b5639bacc7095e8246ea080a842","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-debtor-creditor-law-53","next":"us-ny/n.y.-debtor-creditor-law-55"},"notice":"GroundRules: Original legal text. Not legal advice."}