2015 New York Laws
LIE - Lien
Article 4 - (Lien) LIENS ON VESSELS AND ENFORCEMENT THEREOF
99 - Payment of uncontested claims.

NY Lien L § 99 (2015) What's This?

99. Payment of uncontested claims. Any uncontested claims, entitled to priority of payment over the claims which are contested, shall, on motion of the parties interested, be paid with costs, in the order of their respective priorities, without awaiting the determination of such contest. If at any time it is made to appear that after the payment of all prior uncontested claims and their respective costs, and after deducting an amount sufficient to pay all prior contested claims and costs, that there remains a surplus of proceeds applicable to the payment of any subsequent uncontested claims, such claims may on notice to all the parties interested be paid out of the surplus with costs, without awaiting the determination of such contest.


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