N.Y. State Fin. Law § 150

Current through 2024 NY Law Chapter 553

Section 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.