N.Y. Civil Practice Law and Rules Law § 6203 : Civil Practice Law And Rules — Attachment — Attaching creditor's rights in personal property

Current through 2016 New York Laws, Chapters 1 to 237

Where a plaintiff has delivered an order of attachment to a sheriff, the plaintiff's rights in a debt owed to the defendant or in an interest of the defendant in personal property against which debt or property a judgment may be enforced, are superior to the extent of the amount of the attachment to the rights of any transferee of the debt or property, except:

1. a transferee who acquired the debt or property before it was levied upon for fair consideration or without knowledge of the order of attachment; or

2. a transferee who acquired the debt or property for fair consideration after it was levied upon without knowledge of the levy while it was not in the possession of the sheriff.

N.Y. C.P.L.R. Law § 6203