New York Debtor & Creditor Law Section 54 - Consent of executor, administrator, receiver, or trustee.

  54.  Consent  of  executor, administrator, receiver, or trustee. 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.

Last modified: February 3, 2019