§ 202-A — Sale of a security

New York § 202-A

• Jurisdiction: New York
• Law LIE: Lien
• Art. 9: Enforcement of Liens On Personal Property

Text

§ 202-a. Sale of a security. A description of a security, as such term\nis defined in section two hundred two, substantially similar to the\ndescription specified in said section shall, in the absence of agreement\nto the contrary and unless otherwise provided by statute, be deemed\nsufficient for the purposes of a notice of sale of such security at\npublic auction to satisfy a lien thereon although such sale is not made\npursuant to the provisions of this article. Nothing in this section or\nin section two hundred two or in section two hundred two-b shall be\nconstrued to invalidate any sale of such a security made in accordance\nwith the provisions of an applicable agreement.\n