§ 233
- Citation
- § 233 (c)
- Parent Document
- N.Y. Real Prop. Law § 233
- Jurisdiction
- New York (state)
- Original Source
- https://www.nysenate.gov/legislation/laws/RPP/233 ↗
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Full Text
497 chars(c) Whenever the money so deposited or advanced is for the rental of a manufactured home park lot on property on which are located six or more manufactured home park lots, the person receiving such money shall, subject to the provisions of this section, deposit it in an interest bearing account in a banking organization within the state which account shall earn interest at a rate which shall be the prevailing rate earned by other such deposits made with the banking organizations in such area.