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2015 New York Laws
PBL - Public Lands
Article 3 - (Public Lands) UNAPPROPRIATED STATE LANDS
37 - Collection, forfeiture and cancellation of purchase-money bonds.

NY Pub Lands L § 37 (2015) What's This?
 37. Collection, forfeiture and cancellation of purchase-money bonds.
  The  commissioner  of general services may direct the comptroller to sue
  upon any bond heretofore received by the office of general  services  or
  its  predecessors  including  the  state  engineer,  the commissioner of
  transportation or the secretary of state on the sale  of  unappropriated
  state lands, if any payment stipulated in such bond shall remain due one
  year,  or  the  commissioner  may  direct  the  sale of the land for the
  payment of which such bond was given, and in  case  of  such  sale,  all
  previous payments made on account of such land shall be forfeited to the
  people  of the state, and the bonds may be delivered up and cancelled on
  the surrender of the certificates of sale.

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