INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

§ 233

Citation
§ 233 4.
Parent Document
N.Y. Real Prop. Law § 233
Jurisdiction
New York (state)

Full Text

679 chars
4. (a) Whenever money shall be deposited or advanced on a contract or
license agreement for the use or rental of premises and the manufactured
home, if rented, in a manufactured home park as security for performance
of the contract or agreement or to be applied to payments upon such
contract or agreement when due, such money with interest accruing
thereon, if any, until repaid or so applied, shall continue to be the
money of the person making such deposit or advance and shall be a trust
fund in the possession of the person with whom such deposit or advance
shall be made and shall not be mingled with other funds or become an
asset of the park owner, operator or his agent.