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The Laws of New York
Consolidated Laws of New York
CHAPTER 40
Penal
PART 3
Specific Offenses
TITLE K
Offenses Involving Fraud
ARTICLE 187
Residential Mortgage Fraud
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SECTION 187.00
Definitions
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ARTICLE 187
Residential Mortgage Fraud
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SECTION 187.05
Residential mortgage fraud in the fifth degree
This entry was published on 2014-09-22
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SECTION 187.01
Limitation on prosecution
Penal (PEN) CHAPTER 40, PART 3, TITLE K, ARTICLE 187
§ 187.01 Limitation on prosecution.

No individual who applies for a residential mortgage loan and intends
to occupy such residential property which such mortgage secures shall be
held liable under this article provided, however, any such individual
who acts as an accessory to an individual or entity in committing any
crime defined in this article may be charged as an accessory to such
crime.