There is a newer version of the New York Consolidated Laws
2006 New York Code - Laws: General Business : (550 - 554) Notes Given For Patent Rights And For A Speculative Consideration
Article 29-D - NOTES GIVEN FOR PATENT RIGHTS AND FOR A SPECULATIVE CONSIDERATION550 - Negotiable notes given for patent rights.
551 - Negotiable notes given for a speculative consideration.
552 - Notes given for patent-rights.
553 - Notes given for a speculative consideration.
554 - Retention of forged, counterfeit or spurious documents or negotiable instruments permitted.
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