359 - Receivership.

§  359.  Receivership.  Whenever  the  lien  or  liens  established by  judgment pursuant to this article shall amount to one  thousand  dollars  or  more,  and  there  be  no  stay pending appeal, the department shall  appoint a receiver of the rents  and  profits  of  such  premises.  Such  receiver  shall  give  security for the performance of his duties in the  manner and form fixed by the department. He shall have  the  powers  and  duties  of  a  receiver of rents and profits of real estate appointed by  the supreme court; provided, that the corporation counsel shall  act  as  his  counsel  and  the receiver shall not be allowed any expenditure for  counsel fees, and his  commissions  shall  be  ten  per  centum  of  his  collections,  which  sum shall be full compensation for his services and  those of any agent or agents whom he may employ. Such receivership shall  continue until the amount of such liens with  interest  thereon  at  the  rate  of  six  per centum, and of the commissions, have been fully paid;  provided, that nothing in this section shall be construed to prevent any  prior lienor from applying to the court in a proper case for a  receiver  of the premises.