2016 New York Laws
DCD - Debtor & Creditor
Article 7 - (Debtor & Creditor) TRUSTEES FOR INSOLVENT AND IMPRISONED DEBTORS
191 - Payment of debts before maturity.

NY Debt & Cred L § 191 (2016) What's This?

191. Payment of debts before maturity. Every person to whom a debtor, except one proceeding under the fifth article, shall be indebted on a valuable consideration, for any sum of money not due at the time of such distribution, but payable afterwards, shall receive his proportion with other creditors, after deducting a rebate of legal interest upon the sum distributed, for the time unexpired of such credit.


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