New York Private Housing Finance Law Section 34 - Foreclosure and judgments.

34. Foreclosure and judgments. 1. Any action or proceeding to foreclose a mortgage upon a company project, shall be in accordance with the applicable provisions of section ninety-four of this chapter.

2. In the event of an unsatisfied judgment against a company any action not pertaining to the collection of a mortgage indebtedness, shall be in accordance with the applicable provision of section ninety-five of this chapter.

3. For the purpose of this section, wherever reference is made in sections ninety-four and ninety-five of this chapter to a housing company, it shall be deemed to refer to a company as defined in this article.


Last modified: February 3, 2019