New York Statutes
§ 156 — Surplus moneys on sale of lands mortgaged to the state
§ 156. Surplus moneys on sale of lands mortgaged to the state. If\nreal property mortgaged to the state, or purchased for the benefit of\nthe state, or for which a certificate has been given to a former\npurchaser, is sold by the comptroller or the commissioner of general\nservices for a greater sum than the amount due to the state, with the\ncosts and expenses of the foreclosure or resale, the surplus moneys\nreceived after a conveyance has been executed to the purchaser, shall be\npaid to the person legally entitled to such real property at the time of\nthe foreclosure or of the forfeiture of the original contract.\n On the sale of such real property by the comptroller or the\ncommissioner of general services, the comptroller shall give credit to\nthe mortgagor on his bond or to the
Free access — add to your briefcase to read the full text and ask questions with AI
New York § 156 (Surplus moneys on sale of lands mortgaged to the state) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
11
§ 152
Conditions of sale§ 153
Sale in parcels