N.Y. Lien Law § 100
Distribution of surplus
New York · New York Lien Law · Status: effective · Effective 2014-09-22
Cite this
- Citation
- N.Y. Lien Law § 100, Distribution of surplus, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1114951
- Permanent ID
ys:prov:1114951@1- SHA-256
948241b27243f3b7024077fc5f09d180e4786a4dde71b6eff9014bfa9939da21
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
§ 100. Distribution of surplus. If upon payment of all claims
established as liens against the vessel from the proceeds of its sale, a
surplus remains, it may be distributed by the court to the persons
entitled thereto, after a hearing and the publication of a notice by the
applicants for the same time and in the same manner as the notice of
seizure is required by this article to be published. Such notice shall
specify the amount of the surplus proceeds, the names of the persons
applying therefor, the name of the vessel from the sale of which the
same arose, the date of the sale and the time and place when the hearing
will be held and the distribution of the surplus made.