State Codes and Statutes

Statutes > New-york > Lie > Article-4 > 100

§  100.  Distribution  of  surplus.  If  upon  payment  of  all claims  established as liens against the vessel from the proceeds of its sale, a  surplus remains, it may be distributed  by  the  court  to  the  persons  entitled thereto, after a hearing and the publication of a notice by the  applicants  for  the  same  time and in the same manner as the notice of  seizure is required by this article to be published. Such  notice  shall  specify  the  amount  of  the surplus proceeds, the names of the persons  applying therefor, the name of the vessel from the  sale  of  which  the  same arose, the date of the sale and the time and place when the hearing  will be held and the distribution of the surplus made.

State Codes and Statutes

Statutes > New-york > Lie > Article-4 > 100

§  100.  Distribution  of  surplus.  If  upon  payment  of  all claims  established as liens against the vessel from the proceeds of its sale, a  surplus remains, it may be distributed  by  the  court  to  the  persons  entitled thereto, after a hearing and the publication of a notice by the  applicants  for  the  same  time and in the same manner as the notice of  seizure is required by this article to be published. Such  notice  shall  specify  the  amount  of  the surplus proceeds, the names of the persons  applying therefor, the name of the vessel from the  sale  of  which  the  same arose, the date of the sale and the time and place when the hearing  will be held and the distribution of the surplus made.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Lie > Article-4 > 100

§  100.  Distribution  of  surplus.  If  upon  payment  of  all claims  established as liens against the vessel from the proceeds of its sale, a  surplus remains, it may be distributed  by  the  court  to  the  persons  entitled thereto, after a hearing and the publication of a notice by the  applicants  for  the  same  time and in the same manner as the notice of  seizure is required by this article to be published. Such  notice  shall  specify  the  amount  of  the surplus proceeds, the names of the persons  applying therefor, the name of the vessel from the  sale  of  which  the  same arose, the date of the sale and the time and place when the hearing  will be held and the distribution of the surplus made.