State Codes and Statutes

Statutes > New-york > Dcd > Article-7 > 191

§  191.  Payment  of  debts  before  maturity.  Every person to whom a  debtor, except one proceeding under the fifth article, shall be indebted  on a valuable consideration, for any sum of money not due at the time of  such distribution, but payable afterwards, shall receive his  proportion  with  other  creditors,  after deducting a rebate of legal interest upon  the sum distributed, for the time unexpired of such credit.

State Codes and Statutes

Statutes > New-york > Dcd > Article-7 > 191

§  191.  Payment  of  debts  before  maturity.  Every person to whom a  debtor, except one proceeding under the fifth article, shall be indebted  on a valuable consideration, for any sum of money not due at the time of  such distribution, but payable afterwards, shall receive his  proportion  with  other  creditors,  after deducting a rebate of legal interest upon  the sum distributed, for the time unexpired of such credit.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Dcd > Article-7 > 191

§  191.  Payment  of  debts  before  maturity.  Every person to whom a  debtor, except one proceeding under the fifth article, shall be indebted  on a valuable consideration, for any sum of money not due at the time of  such distribution, but payable afterwards, shall receive his  proportion  with  other  creditors,  after deducting a rebate of legal interest upon  the sum distributed, for the time unexpired of such credit.