NYC Rules of the City of New York

§ 8-01 — Deposit with Commissioner of Finance of Funds or Securities.

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What is NYC RCNY § 8-01?

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Each deposit of money or securities with the Commissioner of Finance must be accompanied by either: (a) a certified copy of the judgment, order or decree directing the deposit or payment into court, or an excerpt thereof that includes such direction, under the seal of the court, or (b) a certificate, under the seal o

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§ 8-01 Deposit with Commissioner of Finance of Funds or Securities.

RCNY § 8-01

Each deposit of money or securities with the Commissioner of Finance must be accompanied by either: (a) a certified copy of the judgment, order or decree directing the deposit or payment into court, or an excerpt thereof that includes such direction, under the seal of the court, or (b) a certificate, under the seal of the court, made by the clerk of the court whose duty it is first to receive the deposit in cases in which moneys or securities may be deposited or paid into court pursuant to statute. For example, a tender into court, a deposit to discharge a judgment or a mechanic's lien, security for costs in certain cases; deposits of civil bail; a surplus arising upon the sale of property by a sheriff under an execution or by a referee in mortgage foreclosure proceedings by advertising. This certificate must contain the following information: (1) name of court, or source of receipt if deposited without court order; (2) title of the action or proceeding; (3) by whom, for whom, and for what purpose the deposit is made; (4) date of original receipt by official making deposit; and (5) if the deposit consists of cash, the amount thereof, or if it be securities, the nature and description of the same.

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