DRAFT FOR ATTORNEY REVIEW — NOT FINAL

§ 7-108

Citation: § 7-108 (e)
Parent Document: N.Y. Gen. Oblig. Law § 7-108
Jurisdiction: New York (state)
Original Source: https://www.nysenate.gov/legislation/laws/GOB/7-108 ↗

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(e) The liability of a receiver for payment of any security deposit
plus accrued interest pursuant to this subdivision shall be limited to
the amount of such deposit actually turned over to him or it pursuant to
subdivision one of section 7-105 of this chapter and to the operating
income in excess of expenses generated during his or its period of
receivership.