NY Alcoh Bev Ctrl L § 122 (2021)
2021 New York Laws ABC - Alcoholic Beverage Control Article 8 - General Provisions 122 - Continuance of Business by Receiver or Other Representative.

§ 122. Continuance  of  business  by receiver or other representative.   If a corporation or copartnership  holding  any  license  or  holding  a   permit  for  which  an  annual  fee  of  one  hundred dollars or more is   prescribed by this chapter shall be  dissolved,  or  if  a  receiver  or   assignee  for  the  benefit  of creditors be appointed therefor, or if a   receiver, assignee for the  benefit  of  creditors  or  a  committee  or   conservator  of  the  property  of  an individual holding any license or   holding a permit for which an annual fee of one hundred dollars or  more   is  prescribed  by  this chapter be appointed, during the time for which   such license or permit was granted, or if a person, including  a  member   of a copartnership, holding any license or holding a permit for which an   annual  fee of one hundred dollars or more is prescribed by this chapter   shall die during the term for which such license or  permit  was  given,   such   corporation,   copartnership,   receiver   or  assignee,  or  the   administrator or executor of the estate of such individual, or  of  such   deceased  member of a copartnership, or a committee of the property of a   person adjudged to be incompetent, or a conservator of the  property  of   an  individual,  or  a  petition under title eleven of the United States   code shall have been filed and a  trustee  has  been  appointed  or  the   holder  of  the  license  of  permit  has  been  permitted  to remain in   possession without the appointment of a trustee, may continue  to  carry   on  such  business  upon  such  premises for the balance of the term for   which such license or permit was effective, with  the  same  rights  and   subject  to  the same restrictions and liabilities as if he had been the   original applicant for and the original holder,  or  one  of  either  of   them,  of  such  license or permit, providing the approval of the liquor   authority shall be first obtained. Before continuing such business, such   receiver, assignee, individual, committee,  or  conservator,  debtor  in   possession,  or  trustee  in  bankruptcy  shall file a statement setting   forth in such form and substance as the liquor authority  may  prescribe   the  facts  and circumstances by which he has succeeded to the rights of   the original licensee or permittee. The liquor  authority  may,  in  its   discretion,  permit the continuance of such business or may refuse to do   so. In the event that the authority determines to permit the continuance   of the business, the  license  or  permit  shall  be  submitted  to  the   authority  and  shall  have  affixed  thereto  a certificate in the form   prescribed by the authority. For each such certificate a  fee  shall  be   paid  to  the liquor authority of fifty dollars by the applicant, except   in the case of an off-premise  beer  license,  such  fee  shall  be  ten   dollars  which  shall  be  paid into the same fund as other license fees   herein provided for.