N.Y. LIE Law § 79
This is the official text of N.Y. LIE Law § 79, part of New York’s LIE Law — part of the compiled statutory law of New York, published by the state as "LIE Law." Browse the sections below, each linked to its official government source.
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Liens not affected
Official statutory text
§ 79. Liens not affected. Nothing in this article shall prevent the\nenforcement of any lien as provided in articles two and three of this\nchapter and neither such lien nor any satisfaction obtained thereby,\nshall be deemed a diversion of trust assets or an unauthorized\npreference. For the purposes of determining the share of any trust\nbeneficiary upon any distribution in an action to enforce the trust, the\ntrust claim of a trust beneficiary shall not be reduced by reason of any\nlien to which he is entitled or by reason of any rights under any bond\nto which he is entitled by reason of his lien.\n
Status: in_force · Read it on the official government site
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