N.Y. Comp. Codes R. & Regs. tit. 20 § 641.9
Current through Register Vol. 46, No. 45, November 2, 2024
New funds means the amount by which the aggregate amount of funds advanced or readvanced under a prior recorded mortgage exceeds the amount upon which the mortgage recording taxes were paid when such prior mortgage was recorded.
N.Y. Comp. Codes R. & Regs. Tit. 20 § 641.9