INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

§ 233

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

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.