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2013 New York Consolidated Laws
GBS - General Business
Article 5 - (40 - 55) COLLATERAL LOAN BROKERS
42 - Action on bond.


NY Gen Bus L § 42 (2012) What's This?
 
    §  42.  Action  on  bond.  If  any  person  shall  be aggrieved by the
  misconduct of any  such  licensed  collateral  loan  broker,  and  shall
  recover judgment against him therefor, such person may, after the return
  unsatisfied,  either  in  whole or in part, of any execution issued upon
  said judgment, maintain an action in his own name upon the bond of  said
  collateral  loan  broker  in any court having jurisdiction of the amount
  claimed, provided such  court  shall,  upon  application  made  for  the
  purpose, grant such leave to prosecute.

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