{"data":{"id":"us-ny/n.y.-debtor-creditor-law-33","jurisdiction":"us-ny","citation":"N.Y. Debtor \u0026 Creditor Law § 33","heading":"Value of security credited upon claims","body":"§ 33. Value of security credited upon claims. Dividends paid to\nsecured creditors shall be computed only upon the balance due after the\nvalue of all security not exempt from the claims of unsecured creditors\nand not released or surrendered to the liquidator, is determined and\ncredited upon the claim secured by it.","path":["Debtor \u0026 Creditor Law","Article 2-A. Secured Creditors"],"source_url":"https://legislation.nysenate.gov/api/3/laws/DCD/33","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"6f5509bca838498dc2d88e9bddd5ee42481009ef5695f236e807d1667b88a00e","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-debtor-creditor-law-32","next":"us-ny/n.y.-debtor-creditor-law-34"},"notice":"GroundRules: Original legal text. Not legal advice."}