New York Statutes

§ 130-D — Fees and allowances

New York § 130-D
JurisdictionNew York
Law RPPReal Property
Art. 4-ATrust Indentures and Interests Therein

This text of New York § 130-D (Fees and allowances) 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. Real Property § 130-D (2026).

Text

§ 130-d. Fees and allowances. In the event of a default in a trust\nindenture necessitating the sequestration of the rents and income of the\nproperty covered thereby and where the trustee or committee or other\nperson or persons representing the bondholders is or are lawfully in\npossession of the property and they or their attorneys, if any, shall\nhave rendered services in connection with the property at any time after\ndefault, no fees or allowances shall be paid for such services unless\nand until affidavits showing the value thereof have been presented to\nthe court or a justice thereof and such court or justice has approved\nthe same and such fees and allowances, if approved, shall be paid in\nsuch manner and at such times as the court or justice shall direct.\n

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Bluebook (online)
New York § 130-D, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/RPP/130-D.