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the New York Consolidated Laws
2012 New York Consolidated Laws
STF - State Finance
Article 2 - (2 - 19) GENERAL FISCAL PROVISIONS
10 - Compromise of old judgments and debts.
Universal Citation:
NY State Fin L ยง 10 (2012)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 10. Compromise of old judgments and debts. The attorney-general and
comptroller, or either of them, may acknowledge satisfaction of a
judgment in favor of the people of the state when the same is settled or
discharged. The comptroller, with the approval of the attorney-general,
may compromise, settle, release and discharge any judgment or contract
debt not in judgment in favor of the state, after the lapse of ten years
since the recovery of the judgment, or since the debt became due, on
such terms as the comptroller and attorney-general deem for the best
interest of the state.
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