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N.Y. Debtor & Creditor Law § 76

Assignment; contents, and to whom made

2014-09-22

§ 76. Assignment; contents, and to whom made. The order must designate\none or more trustees, residents of the state; and must direct the\npetitioner to execute, to him or them, an assignment of all his\nproperty, at law or in equity, in possession, reversion, or remainder,\nexcepting only so much thereof, as is exempt by law from levy and sale,\nby virtue of an execution. The assignment must be acknowledged or\nproved, and certified, in like manner as a deed to be recorded in the\ncounty, and must be recorded in the clerk's office of the county. Where\nit appears, from the schedule or otherwise, that real property will pass\nthereby, it must be also recorded as a deed, in the proper office for\nrecording deeds, of each county where the real property is situated.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.