Statute · New York State Finance Law
N.Y. State Fin. Law § 10 — Compromise of old judgments and debts
N.Y. State Fin. Law § 10
- Type
- Statute
- Source
- New York State Finance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 10. Compromise of old judgments and debts. The attorney-general and comptroller, or either of them, may acknowledge satisfaction of a judgment in favor of the people of the state when the same is settled or discharged. The comptroller, with the approval of the attorney-general, may compromise,…
Citator
N.Y. State Fin. Law § 10 — Compromise of old judgments and debts is in force in the current edition of the Code, and nothing recorded condemns it.
§ 10. Compromise of old judgments and debts. The attorney-general and comptroller, or either of them, may acknowledge satisfaction of a judgment in favor of the people of the state when the same is settled or discharged. The comptroller, with the approval of the attorney-general, may compromise, settle, release and discharge any judgment or contract debt not in judgment in favor of the state, after the lapse of ten years since the recovery of the judgment, or since the debt became due, on such terms as the comptroller and attorney-general deem for the best interest of the state.