Statute · New York Debtor & Creditor Law
N.Y. Debt. & Cred. Law § 10 — Action on bond; application of recovery
N.Y. Debt. & Cred. Law § 10
- Type
- Statute
- Source
- New York Debtor & Creditor Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 10. Action on bond; application of recovery. Any action brought upon an assignee's bond may be prosecuted by a party in interest by leave of the court; and all moneys realized thereon shall be applied by direction of the judge in satisfaction of the debts of the assignor in the same manner as…
Citator
N.Y. Debt. & Cred. Law § 10 — Action on bond; application of recovery is in force in the current edition of the Code, and nothing recorded condemns it.
§ 10. Action on bond; application of recovery. Any action brought upon an assignee's bond may be prosecuted by a party in interest by leave of the court; and all moneys realized thereon shall be applied by direction of the judge in satisfaction of the debts of the assignor in the same manner as the same ought to have been applied by such assignee.