Bill Text: NY A07605 | 2019-2020 | General Assembly | Introduced

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Bill Title: Relates to commissions for receivers of rents and profits; provides that generally receivers are entitled to such commissions as the court by which the receiver is appointed allows.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed - Dead) 2020-02-11 - REFERRED TO JUDICIARY [A07605 Detail]

Download: New_York-2019-A07605-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          7605

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      May 13, 2019
                                       ___________

        Introduced by M. of A. BRAUNSTEIN, DINOWITZ -- (at request of the Office
          of Court Administration) -- read once and referred to the Committee on
          Judiciary

        AN ACT to amend the civil practice law and rules, in relation to commis-
          sions for receivers of rents and profits

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision (a) of section 8004 of the civil  practice  law
     2  and rules is amended to read as follows:
     3    (a)  Generally. A receiver, except where otherwise prescribed by stat-
     4  ute, is entitled to such commissions[, not exceeding five per cent  upon
     5  the  sums received and disbursed by him,] as the court by which [he] the
     6  receiver is appointed allows[, but if in any case  the  commissions,  so
     7  computed, do not amount to one hundred dollars, the court, may allow the
     8  receiver  such  a  sum,  not  exceeding one hundred dollars, as shall be
     9  commensurate with the services he rendered].
    10    § 2. This act shall take effect immediately and  shall  apply  to  all
    11  actions pending on or after such effective date.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10168-01-9