Statute · New York General Business Law
N.Y. Gen. Bus. Law § 1423 — Loss of equity
N.Y. Gen. Bus. Law § 1423
- Type
- Statute
- Source
- New York General Business Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
* § 1423. Loss of equity. The loss of value of equity shall not count as damage to or loss of property for the purposes of this article.
Citator
N.Y. Gen. Bus. Law § 1423 — Loss of equity is in force in the current edition of the Code, and nothing recorded condemns it.
* § 1423. Loss of equity. The loss of value of equity shall not count as damage to or loss of property for the purposes of this article.
* NB Effective January 1, 2027