N.Y. Debt. & Cred. Law § 77
Current through 2024 NY Law Chapter 315
The trustee or trustees may be nominated by a majority in amount of the consenting creditors. If no person is so nominated, one or more persons must be appointed by the court for the purpose. The nomination may be included in the consent, or made in a separate paper, or orally upon the hearing or trial, and entered in the minutes.
N.Y. Debt. and Cred. Law § 77