2006 New York Code - Sale Of A Security.

 
    § 202-a. Sale of a security. A description of a security, as such term
  is  defined  in  section  two  hundred two, substantially similar to the
  description specified in said section shall, in the absence of agreement
  to the contrary and unless otherwise  provided  by  statute,  be  deemed
  sufficient  for  the  purposes  of  a notice of sale of such security at
  public auction to satisfy a lien thereon although such sale is not  made
  pursuant  to  the provisions of this article. Nothing in this section or
  in section two hundred two or in section  two  hundred  two-b  shall  be
  construed  to  invalidate any sale of such a security made in accordance
  with the provisions of an applicable agreement.