ยง 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.
Structure New York Laws
150 - Foreclosure of Mortgages by the State.
151 - When Comptroller Shall Bid in Premises.
154 - Separate Accounts for Lands Purchased or Mortgaged.
155 - Discharge and Cancellation of Mortgages by the State.
156 - Surplus Moneys on Sale of Lands Mortgaged to the State.
157 - Release of Part of Mortgaged Premises.