N.Y. DCD Law § 52
This is the official text of N.Y. DCD Law § 52, part of New York’s DCD Law — part of the compiled statutory law of New York, published by the state as "DCD Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Contents of petition
Official statutory text
§ 52. Contents of petition. The petition must be in writing; it must\nbe signed by the insolvent, and specify his residence; it must set\nforth, in substance, that he is unable to pay all his debts in full;\nthat he is willing to assign his property for the benefit of all his\ncreditors, and, in all other respects, to comply with the provisions of\nthis article, for the purpose of being discharged from his debts; and it\nmust pray that, upon his so doing, he may be discharged accordingly. It\nmust be verified by the affidavit of the insolvent, annexed thereto,\ntaken on the day of the presentation thereof, to the effect, that the\npetition is in all respects true, in matter of fact.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.