§ 1209. Recovery of assets.

(a) Whenever a receiver, by verified petition to the supreme court at
a special term held in the judicial district in which the receiver was
appointed, shall show that he or she has good reason to believe that any
person has in his or her possession or under his or her control, or has
wrongfully concealed, withheld or disposed of, any property of the
corporation, or that any person can testify concerning such facts, the
court, with or without notice, shall make an order requiring such person
to appear before the court or a referee, at a time and place designated,
and submit to an examination concerning such facts. In such order, or at
any time thereafter, in its discretion, the court may enjoin and
restrain such person from disposing of any property of the corporation
in his or her possession or under his or her control.

(b) In any examination under such order, the court may confer immunity
in accordance with the provisions of section six hundred nineteen-c of
the code of criminal procedure; provided that no immunity shall be
conferred except upon twenty-four hours prior written notice to the
appropriate district attorney having an official interest therein.

(c) A person so ordered to appear shall be entitled to the same fees
and mileage, to be paid at the time of serving the order, as are allowed
by law to witnesses subpoenaed to attend and testify in an action in the
supreme court, and shall be subject to the same penalties upon failure
to appear and testify in obedience to such order as are provided by law
in the case of witnesses who fail to obey a subpoena to appear and
testify in an action.

(d) A person appearing for examination in obedience to such order
shall be sworn, and shall be entitled to be represented on such
examination by counsel, and may be cross-examined, or may make a
voluntary statement in his own behalf concerning the subject of his
examination.

(e) The testimony taken under such order shall be signed and sworn to
by the person examined, and be filed in the office of the clerk of the
county where the action or proceeding is pending. If it shall appear
that any person is wrongfully concealing or withholding, or has in his
or her possession or under his or her control, any property of the
corporation, on notice to such person, the court may make an order
requiring such person forthwith to deliver it to the receiver, subject
to the further order of the court.