N.Y. MIL Law § 313
This is the official text of N.Y. MIL Law § 313, part of New York’s MIL Law — part of the compiled statutory law of New York, published by the state as "MIL Law." Browse the sections below, each linked to its official government source.
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Settlement of cases involving stayed proceeding in foreclosure or repossession of personal property
Official statutory text
§ 313. Settlement of cases involving stayed proceeding in foreclosure\nor repossession of personal property. Where a proceeding to foreclose a\nmortgage upon or to resume possession of personal property, or to\nrescind or terminate a contract for the purchase thereof, has been\nstayed as provided in this act, the court may, unless in its opinion an\nundue hardship would result to the dependents of the person in military\nservice, appoint three disinterested parties to appraise the property\nand, based upon the report of the appraisers, order such sum, if any, as\nmay be just, paid to the person in military service or his dependent, as\nthe case may be, as a condition of foreclosing the mortgage, resuming\npossession of the property, or rescinding or terminating the contract.\n
Status: in_force · Read it on the official government site
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