N.Y. Comp. Codes R. & Regs. tit. 20 § 641.9

Current through Register Vol. 46, No. 51, December 18, 2024
Section 641.9 - New funds defined

New funds means the amount by which the aggregate amount of funds advanced or readvanced under a prior recorded mortgage exceeds the amount upon which the mortgage recording taxes were paid when such prior mortgage was recorded.

N.Y. Comp. Codes R. & Regs. Tit. 20 § 641.9