§ 5-1105. Written promise expressing past consideration. A promise in\nwriting and signed by the promisor or by his agent shall not be denied\neffect as a valid contractual obligation on the ground that\nconsideration for the promise is past or executed, if the consideration\nis expressed in the writing and is proved to have been given or\nperformed and would be a valid consideration but for the time when it\nwas given or performed.\n
N.Y. Gen. Oblig. Law § 5-1105
Written promise expressing past consideration
Applied in 10 court decisions — leading case Alphonse Hotel Corp. v. Tran (2016)
Most recently applied in Korff v. Corbett (November 2017)
2014-09-22
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
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.