New York § 25-C - 25-CInvestment in bond and mortgage or note and mortgage
Full text of New York New York Consolidated Laws § 25-C — 25-CInvestment in bond and mortgage or note and mortgage, with citation guidance and answers to common questions.
§ 25-C. 25-CInvestment in bond and mortgage or note and mortgage
§ 25-c. Investment in bond and mortgage or note and mortgage. The term bond and mortgage or the term note and mortgage as heretofore or hereafter used in any statute which prescribes or authorizes investment therein, with or without a specified ratio of real property security, shall be deemed to include a share or part of a bond and mortgage or of a note and mortgage, as the case may be, prior in lien to all other shares and parts thereof and, for all purposes in connection with such an investment in a share or part, any specified ratio of real property security shall be determined on the basis of the investment in such share or part.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 25-C
What does New York Consolidated Laws § 25-C cover?
Section 25-C ("25-CInvestment in bond and mortgage or note and mortgage") 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 § 25-C?
A common citation format is "New York Consolidated Laws § 25-C" (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 § 25-C 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.