Statute · New York Real Property Actions & Proceedings Law
N.Y. Real Prop. Acts. Law § 402 — Interest rate
N.Y. Real Prop. Acts. Law § 402
- Type
- Statute
- Source
- New York Real Property Actions & Proceedings Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 402. Interest rate. In all valuations made under this article, the interest rate of four per centum, compounded annually, shall be employed for all purposes.
Citator
N.Y. Real Prop. Acts. Law § 402 — Interest rate is in force in the current edition of the Code, and nothing recorded condemns it.
§ 402. Interest rate. In all valuations made under this article, the interest rate of four per centum, compounded annually, shall be employed for all purposes.