N.Y. GBS Law § 42
This is the official text of N.Y. GBS Law § 42, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.
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Action on bond
Official statutory text
§ 42. Action on bond. If any person shall be aggrieved by the\nmisconduct of any such licensed collateral loan broker, and shall\nrecover judgment against him therefor, such person may, after the return\nunsatisfied, either in whole or in part, of any execution issued upon\nsaid judgment, maintain an action in his own name upon the bond of said\ncollateral loan broker in any court having jurisdiction of the amount\nclaimed, provided such court shall, upon application made for the\npurpose, grant such leave to prosecute.\n
Status: in_force · Read it on the official government site
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