2006 New York Code - Attaching Creditor\'s Rights In Personal Property.

 
    §  1314.  Attaching  creditor's rights in personal property. Where the
  claiming authority has delivered an order of attachment  to  a  claiming
  agent,  the claiming authority's rights in a debt owed to a defendant or
  in an interest of a defendant in personal property against which debt or
  property a judgment may be enforced, are superior to the extent  of  the
  amount  of the attachment to the rights of any transferee of the debt or
  property, except:
    1. A transferee who acquired the debt or property before it was levied
  upon for fair consideration  and  without  knowledge  of  the  order  of
  attachment; or
    2.   A   transferee  who  acquired  the  debt  or  property  for  fair
  consideration after it was levied upon without  knowledge  of  the  levy
  while it was not in the possession of the claiming agent.