Statute · New York Debtor & Creditor Law
N.Y. Debt. & Cred. Law § 23 — Limitation of preferences
N.Y. Debt. & Cred. Law § 23
- Type
- Statute
- Source
- New York Debtor & Creditor Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 23. Limitation of preferences. In all general assignments of the estates of debtors for the benefit of creditors no preference created therein, other than for the wages or salaries of or moneys held in trust for employees under section twenty-one-a and section twenty-two or cash deposits upon…
Citator
N.Y. Debt. & Cred. Law § 23 — Limitation of preferences is in force in the current edition of the Code, and nothing recorded condemns it.
§ 23. Limitation of preferences. In all general assignments of the estates of debtors for the benefit of creditors no preference created therein, other than for the wages or salaries of or moneys held in trust for employees under section twenty-one-a and section twenty-two or cash deposits upon purchases for future delivery of merchandise or services under section twenty-two, shall be valid.