N.Y. Public Authorities Law § 1054-a: Deposit required where temporary possession is granted in condemnation proceeding

§ 1054-a. Deposit required where temporary possession is granted in

condemnation proceeding. Whenever the authority, in any condemnation

proceeding for the acquisition of any property, shall make application

for temporary possession pursuant to the provisions of section

twenty-four of the condemnation law, the sum to be fixed by the court

for deposit, as a condition of granting such application, shall not

exceed ten per centum of the assessed valuation of the real property

sought to be acquired in such proceedings as such assessed valuation

appears upon the last assessment rolls for county taxes prior to the

commencement of such proceeding.