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54 — New York Law | CourtGPT
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  5. Article 3 - Insolvent's Discharge From Debts50 - Who May Be Discharged/
  6. 54
New York Legal Code

54

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An executor or administrator may become a consenting creditor, under the order of the surrogate's court from which his letters issued. A trustee, official assignee, or receiver of the property of a creditor of the petitioner, whether created by operation of law or by the act of parties, may become a consenting creditor, under the order of a justice of the supreme court. A person who becomes a consenting creditor, as prescribed in this section, is chargeable only for the sum which he actually receives, as a dividend of the insolvent's property.