New York § 10 - 10Action on bond; application of recovery
Full text of New York New York Consolidated Laws § 10 — 10Action on bond; application of recovery, with citation guidance and answers to common questions.
§ 10. 10Action on bond; application of recovery
§ 10. Action on bond; application of recovery. Any action brought upon an assignee's bond may be prosecuted by a party in interest by leave of the court; and all moneys realized thereon shall be applied by direction of the judge in satisfaction of the debts of the assignor in the same manner as the same ought to have been applied by such assignee.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 10
What does New York Consolidated Laws § 10 cover?
Section 10 ("10Action on bond; application of recovery") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 10?
A common citation format is "New York Consolidated Laws § 10" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.