N.Y. State Finance Law § 10: Compromise of old judgments and debts

§ 10. Compromise of old judgments and debts. The attorney-general and

comptroller, or either of them, may acknowledge satisfaction of a

judgment in favor of the people of the state when the same is settled or

discharged. The comptroller, with the approval of the attorney-general,

may compromise, settle, release and discharge any judgment or contract

debt not in judgment in favor of the state, after the lapse of ten years

since the recovery of the judgment, or since the debt became due, on

such terms as the comptroller and attorney-general deem for the best

interest of the state.