New York Statutes

§ 33 — Value of security credited upon claims

New York § 33
JurisdictionNew York
Law DCDDebtor & Creditor
Art. 2-ASecured Creditors

This text of New York § 33 (Value of security credited upon claims) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Debtor & Creditor § 33 (2026).

Text

§ 33. Value of security credited upon claims. Dividends paid to\nsecured creditors shall be computed only upon the balance due after the\nvalue of all security not exempt from the claims of unsecured creditors\nand not released or surrendered to the liquidator, is determined and\ncredited upon the claim secured by it.\n

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Bluebook (online)
New York § 33, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/DCD/33.