New York Real Property Law Article 4 - USES AND TRUSTS
- 119 - Purchase by Mortgage Trustee.
Any banking corporation, including corporations organized under the banking law and also national banking associations authorized to act as trustees within this state, which shall...
- 120 - Operation and Sale by Mortgage Trustee.
Such banking corporation, upon acquiring such property, shall hold, lease, rent, operate and manage the same for the pro rata benefit of all parties interested...
- 120-a - Liquidation of Mortgage by Trustee.
Any banking corporation or individual acting as trustee in respect to any mortgage upon real property against which bonds shall have been issued to the...
- 121 - Reorganization of Property Covered by Trust Mortgage.
Such banking corporation, under the direction of the court in the foreclosure action may, and if directed by the court shall, purchase or cause to...
- 122 - Procedure of Reorganization and Expenses in Connection Therewith.
The reorganization plan may be presented to the court with the complaint for foreclosure, or thereafter by the trustee or by any persons owning or...
- 122-a - Modification of Trust Mortgages Given in Prior Re-Organizations.
Any such banking corporation or any individual acting as trustee in respect to any mortgage, deed of trust or indenture upon real property, or any...
- 123 - Preserving Existing Rights.
Nothing in this act shall be deemed to prevent any bondholder or committee of bondholders from bidding at the foreclosure sale and in case he...
Last modified: February 3, 2019