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The Laws of New York
Consolidated Laws of New York
CHAPTER 56
State Finance
ARTICLE 10
Mortgages
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ARTICLE 10
Mortgages
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SECTION 151
When comptroller shall bid in premises
This entry was published on 2014-09-22
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SECTION 150
Foreclosure of mortgages by the state
State Finance (STF) CHAPTER 56, ARTICLE 10
§ 150. Foreclosure of mortgages by the state. The comptroller shall
cause all mortgages belonging to the state upon which default is made in
the payment of principal or interest, to be foreclosed, whenever, in his
judgment, it may be necessary for the protection of the interest of the
state. All actions or proceedings for that purpose shall be prosecuted
or conducted by the attorney-general.