GroundRules
← Search the law
New York · Through 2026-09-11

N.Y. Lien Law § 202-a: Sale of a security

Read at publisher ↗
Where this section sits in the code
  1. Lien Law
  2. Article 9. Enforcement of Liens On Personal Property

§ 202-a. Sale of a security. A description of a security, as such term

is defined in section two hundred two, substantially similar to the

description specified in said section shall, in the absence of agreement

to the contrary and unless otherwise provided by statute, be deemed

sufficient for the purposes of a notice of sale of such security at

public auction to satisfy a lien thereon although such sale is not made

pursuant to the provisions of this article. Nothing in this section or

in section two hundred two or in section two hundred two-b shall be

construed to invalidate any sale of such a security made in accordance

with the provisions of an applicable agreement.

Collected 2026-09-14T19:32:45Z. Source file · JSON

Browse this collection