N.Y. CPLR § 8004

NEW YORK CIVIL PRACTICE LAW AND RULES (CPLR) New York State | For Informational Purposes Only CPLR § 8004 Commissions of receivers § 8004. Commissions of receivers. (a) Generally. A receiver, exceptwhere otherwise prescribed by statute, is entitled to such commissions,not exceeding five per cent upon the sums received and disbursed by him,as the court by which he is appointed allows, but if in any case thecommissions, so computed, do not amount to one hundred dollars, thecourt, may allow the receiver such a sum, not exceeding one hundreddollars, as shall be commensurate with the services he rendered.(b) Allowance where funds depleted. If, at the termination of areceivership, there are no funds in the hands of the receiver, thecourt, upon application of the receiver, may fix the compensation of thereceiver and the fees of his attorney, in accordance with the respectiveservices rendered, and may direct the party who moved for theappointment of the receiver to pay such sums, in addition to thenecessary expenditures incurred by the receiver. This subdivision shallnot apply to a receiver or his attorney appointed pursuant to articletwenty-three-a of the general business law.