N.Y. Private Housing Finance Law § 95: Judgments against housing companies not relating to mortgage indebtedness

§ 95. Judgments against housing companies not relating to mortgage

indebtedness. In the event of a judgment against a housing company in

any action not pertaining to the collection of a mortgage indebtedness,

there shall be no sale of any of the real property of such housing

company except upon sixty days' written notice to the commissioner and,

if the municipality has made a loan to the housing company, to the

municipality in which the project is located. Upon receipt of such

notice the commissioner and the municipality shall take such steps as in

its judgment may be necessary to protect the rights of all parties.