New York Laws
Part 1
2420 - Court Proceedings; Preferences; Venue.

ยง 2420. Court proceedings; preferences; venue. Any action or
proceeding to which the agency or the people of the state of New York
may be parties, in which any question arises as to the validity of this
act, shall be preferred over all other civil causes except election
causes in all courts of the state of New York and shall be heard and
determined in preference to all other civil business pending therein
except election causes, irrespective of position on the calendar. The
same preference shall be granted upon application of counsel to the
agency in any action or proceeding questioning the validity of this
title in which he may be allowed to intervene. The venue of any such
action or proceeding shall be laid in the county in which the principal
office of the agency is located.

Structure New York Laws

New York Laws

PBA - Public Authorities

Article 8 - Miscellaneous Authorities

Title 17 - State of New York Mortgage Agency Act

Part 1

2400 - Short Title.

2401 - Legislative Findings.

2402 - Definitions.

2403 - State of New York Mortgage Agency.

2404 - Powers of the Agency.

2405 - Purchase of Existing Mortgages.

2405-A - Education Loans.

2405-B - Purchase of Forward Commitment Mortgages.

2405-C - Purchase of New Housing Loans.

2405-D - Lease-to-Own Program.

2405-E - Purchase of Employer Assisted Forward Commitment Mortgages.

2405-F - New York State Community Restoration Fund.

2406 - Bonds and Notes of the Agency.

2407 - Bond Limits.

2408 - Reserve Funds and Appropriations.

2409 - Remedies of Bondholders and Noteholders.

2410 - State and Municipalities Not Liable on Bonds, Notes or Insurance Commitments or Contracts or Development Corporation Credit Support.

2411 - Agreement of the State.

2412 - Property and Income.

2413 - Exemption From Taxation of Bonds and Notes and Insurance Commitments and Loans.

2414 - Bonds and Notes as Legal Investments for Public Officers and Fiduciaries.

2415 - Moneys of the Agency.

2416 - Actions.

2417 - Limitation of Liability.

2418 - Assistance by State Officers, Departments, Boards and Commissions; Transfer of Officers and Employees.

2419 - Annual Report.

2419-A - Additional Reports.

2420 - Court Proceedings; Preferences; Venue.

2420-A - Validity.

2421 - Inconsistent Provisions of Other Laws Superseded.

2422 - Construction.

2423 - Separability.