Legislation
SECTION 34
Foreclosure and judgments
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 2
§ 34. Foreclosure and judgments. 1. Any action or proceeding to
foreclose a mortgage upon a company project, shall be in accordance with
the applicable provisions of section ninety-four of this chapter.
2. In the event of an unsatisfied judgment against a company any
action not pertaining to the collection of a mortgage indebtedness,
shall be in accordance with the applicable provision of section
ninety-five of this chapter.
3. For the purpose of this section, wherever reference is made in
sections ninety-four and ninety-five of this chapter to a housing
company, it shall be deemed to refer to a company as defined in this
article.
foreclose a mortgage upon a company project, shall be in accordance with
the applicable provisions of section ninety-four of this chapter.
2. In the event of an unsatisfied judgment against a company any
action not pertaining to the collection of a mortgage indebtedness,
shall be in accordance with the applicable provision of section
ninety-five of this chapter.
3. For the purpose of this section, wherever reference is made in
sections ninety-four and ninety-five of this chapter to a housing
company, it shall be deemed to refer to a company as defined in this
article.