Statute · New York State Finance Law
N.Y. State Fin. Law § 150 — Foreclosure of mortgages by the state
N.Y. State Fin. Law § 150
- Type
- Statute
- Source
- New York State Finance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 150. Foreclosure of mortgages by the state. The comptroller shall cause all mortgages belonging to the state upon which default is made in the payment of principal or interest, to be foreclosed, whenever, in his judgment, it may be necessary for the protection of the interest of the state. All…
Citator
N.Y. State Fin. Law § 150 — Foreclosure of mortgages by the state is in force in the current edition of the Code, and nothing recorded condemns it.
§ 150. Foreclosure of mortgages by the state. The comptroller shall cause all mortgages belonging to the state upon which default is made in the payment of principal or interest, to be foreclosed, whenever, in his judgment, it may be necessary for the protection of the interest of the state. All actions or proceedings for that purpose shall be prosecuted or conducted by the attorney-general.