State Codes and Statutes

Statutes > New-york > Lie > Article-3 > 57

§  57.  Judgment  may direct delivery of property in lieu of money. If  the owner has agreed  to  deliver  bills,  notes,  securities  or  other  obligations  or  any  other  species of property, in payment of the debt  upon which the  lien  is  based,  the  judgment  may  direct  that  such  substitute  be  delivered  or deposited as the court may direct, and the  property affected by  the  lien  cannot  be  sold,  by  virtue  of  such  judgment, except in default of the owner to so deliver or deposit within  the time directed by the court.

State Codes and Statutes

Statutes > New-york > Lie > Article-3 > 57

§  57.  Judgment  may direct delivery of property in lieu of money. If  the owner has agreed  to  deliver  bills,  notes,  securities  or  other  obligations  or  any  other  species of property, in payment of the debt  upon which the  lien  is  based,  the  judgment  may  direct  that  such  substitute  be  delivered  or deposited as the court may direct, and the  property affected by  the  lien  cannot  be  sold,  by  virtue  of  such  judgment, except in default of the owner to so deliver or deposit within  the time directed by the court.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Lie > Article-3 > 57

§  57.  Judgment  may direct delivery of property in lieu of money. If  the owner has agreed  to  deliver  bills,  notes,  securities  or  other  obligations  or  any  other  species of property, in payment of the debt  upon which the  lien  is  based,  the  judgment  may  direct  that  such  substitute  be  delivered  or deposited as the court may direct, and the  property affected by  the  lien  cannot  be  sold,  by  virtue  of  such  judgment, except in default of the owner to so deliver or deposit within  the time directed by the court.