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2015 New York Laws
STF - State Finance
Article 10 - (State Finance) MORTGAGES
150 - Foreclosure of mortgages by the state.

NY State Fin L § 150 (2015) What's This?
  150.  Foreclosure  of mortgages by the state. The comptroller shall
  cause all mortgages belonging to the state upon which default is made in
  the payment of principal or interest, to be foreclosed, whenever, in his
  judgment, it may be necessary for the protection of the interest of  the
  state.  All  actions or proceedings for that purpose shall be prosecuted
  or conducted by the attorney-general.

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