New York § 75 - 75When assignment to be directed
Full text of New York New York Consolidated Laws § 75 — 75When assignment to be directed, with citation guidance and answers to common questions.
§ 75. 75When assignment to be directed
§ 75. When assignment to be directed. An order, directing the execution of an assignment, must be made by the court, where it appears, by the verdict of the jury; or, if a jury has not been demanded, or the jurors have been discharged by reason of their inability to agree, where it satisfactorily appears to the court; as follows: 1. That the petitioner is justly and truly indebted to the consenting creditors, in sums which amount, in the aggregate, to two-thirds of all the debts, which the petitioner owed, at the time of presenting his petition, to creditors residing within the United States. 2. That he has honestly and fairly given a true account of his property. 3. That he has, in all things, conformed to the matters required of him by this article.
Frequently Asked Questions About New York § 75
What does New York Consolidated Laws § 75 cover?
Section 75 ("75When assignment to be directed") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 75?
A common citation format is "New York Consolidated Laws § 75" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 75 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.