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New York · Through 2026-09-11

N.Y. Debtor & Creditor Law § 191: Payment of debts before maturity

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Where this section sits in the code
  1. Debtor & Creditor Law
  2. Article 7. Trustees For Insolvent and Imprisoned Debtors

§ 191. Payment of debts before maturity. Every person to whom a

debtor, except one proceeding under the fifth article, shall be indebted

on a valuable consideration, for any sum of money not due at the time of

such distribution, but payable afterwards, shall receive his proportion

with other creditors, after deducting a rebate of legal interest upon

the sum distributed, for the time unexpired of such credit.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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