New York Laws
Part 1
2423 - Separability.

ยง 2423. Separability. If any clause, sentence, paragraph, section or
part of this title shall be adjudged by any court of competent
jurisdiction to be invalid, such judgment shall not affect, impair or
invalidate the remainder thereof, but shall be confined in its operation
to the clause, sentence, paragraph, section or part thereof directly
involved in the controversy in which such judgment shall have been
rendered.

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2421 - Inconsistent Provisions of Other Laws Superseded.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.