2006 New York Code - Lessee\'s Right To Goods On Lessor\'s Insolvency.

 
  Section 2-A-522. Lessee's Right to Goods on Lessor's Insolvency.
    (1)  Subject to subsection (2) and even though the goods have not been
  shipped, a lessee who has paid a part or all of the  rent  and  security
  for goods identified to a lease contract (Section 2-A-217) on making and
  keeping good a tender of any unpaid portion of the rent and security due
  under  the  lease  contract  may  recover  the goods identified from the
  lessor if the lessor becomes insolvent within ten days after receipt  of
  the first installment of rent and security.
    (2) A lessee acquires the right to recover goods identified to a lease
  contract only if they conform to the lease contract.