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New York · Through 2026-09-11

N.Y. General Business Law § 42: Action on bond

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Where this section sits in the code
  1. General Business Law
  2. Article 5. Collateral Loan Brokers

§ 42. Action on bond. If any person shall be aggrieved by the

misconduct of any such licensed collateral loan broker, and shall

recover judgment against him therefor, such person may, after the return

unsatisfied, either in whole or in part, of any execution issued upon

said judgment, maintain an action in his own name upon the bond of said

collateral loan broker in any court having jurisdiction of the amount

claimed, provided such court shall, upon application made for the

purpose, grant such leave to prosecute.

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

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