N.Y. PBL Law § 59-A
This is the official text of N.Y. PBL Law § 59-A, part of New York’s PBL Law — part of the compiled statutory law of New York, published by the state as "PBL Law." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Disposition of proceeds
Official statutory text
§ 59-a. Disposition of proceeds. The proceeds from a sale or grant of\nsuch lands shall be applied first to repay any expenditures made by the\noffice of general services from moneys appropriated to said office in\nthe first instance for the administration, management, utilization and\ndisposal of real property of the state and any rights or interests\ntherein and any balance of such moneys remaining after repayment of the\nfirst instance expenditures shall be applied to the cost of the\nimprovement which renders such lands no longer necessary, and the\nexpenses incurred by the attorney general for searches and examination\nof the title to such lands shall be deemed an item of the cost of\nimprovement. Any surplus from the sale of abandoned lands above the\ncost of the entire improvement shall be applied to the sinking fund for\nthe payment of the improvement bonds.\n
Status: in_force · Read it on the official government site
Need a lawyer in New York?
Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.