§ 31. Secured creditor's claim to disclose security.
67 words·~1 min read·
/ny/debtor-creditor/secured-creditors/31A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 31. Secured creditor's claim to disclose security. In a liquidation
proceeding every secured creditor's claim against the general assets
shall disclose the nature of the security. When in an equity
receivership it is determined that the subject under receivership is
insolvent, secured creditors having claims on file which do not comply
with this section shall make disclosure within a time to be fixed by the
court.