New York § 130-H Construction of article

New York Statutes

§ 130-H — Construction of article

New York § 130-H

Law RPPReal Property

Art. 4-ATrust Indentures and Interests Therein

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Bluebook

N.Y. Real Property § 130-H (2026).

Text

  § 130-h. Construction of article. This article shall be construed\nliberally to effectuate its purpose.  The enumeration by this article of\nspecific powers and duties in trust indentures and other instruments\nshall not preclude or prevent the use, exercise or enjoyment of\nadditional powers and duties under or pursuant to such instruments or\nexcuse the failure to exercise or perform such other powers or duties.\nNothing contained in this article shall be construed to repeal any other\nprovision of law except in so far as it is irreconcilably in conflict\nwith a provision of this article in which event the latter shall\ncontrol.\n

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§ 130-h. Construction of article. This article shall be construed\nliberally to effectuate its purpose. The enumeration by this article of\nspecific powers and duties in trust indentures and other instruments\nshall not preclude or prevent the use, exercise or enjoyment of\nadditional powers and duties under or pursuant to such instruments or\nexcuse the failure to exercise or perform such other powers or duties.\nNothing contained in this article shall be construed to repeal any other\nprovision of law except in so far as it is irreconcilably in conflict\nwith a provision of this article in which event the latter shall\ncontrol.\n