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State Law
Federal Law
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New York Debtor and Creditor Law Section 33 - Value Of Security Credited Upon Claims.Legal Research Home > New York Lawyer > Debtor and Creditor > New York Debtor and Creditor Law Section 33 - Value Of Security Credited Upon Claims. § 33. Value of security credited upon claims. Dividends paid to secured creditors shall be computed only upon the balance due after the value of all security not exempt from the claims of unsecured creditors and not released or surrendered to the liquidator, is determined and credited upon the claim secured by it. New York Lawyers
Last modified: July 31, 2006 |