§ 211. Assignment by renouncing trustee. Such assignment shall be executed by such trustee, to such person, or persons, as the court shall appoint for that purpose; and in the appointment, such persons as shall have been named to be assignees by the creditors of such debtor, or by the major part of them, shall be preferred, if approved by such court.
Assignment by renouncing trustee
N.Y. Debtor & Creditor Law § 211, under Trustees For Insolvent and Imprisoned Debtors.
N.Y. Debtor & Creditor Law § 211