N.Y. General Business Law Section 604-DD
Application to secured debt

1.

Except with respect to § 604-EE (Right of action against person who causes another to incur coerced debt)section six hundred four-ee of this article, this article shall not apply to debts secured by real property.

2.

§ 604-BB (Notice of coerced debt)Section six hundred four-bb of this article and the cause of action authorized by subdivision one of § 604-CC (Coerced debt cause of action and affirmative defense)section six hundred four-cc of this article shall not apply to debts secured by personal property.

3.

For debts secured by personal property, the affirmative defense authorized by § 604-CC (Coerced debt cause of action and affirmative defense)section six hundred four-cc of this article shall not affect the creditor’s right to enforce any security interest upon default of the financing and security agreement under article nine of the uniform commercial code including, but not limited to, repossession or voluntary surrender of the subject personal property or seeking and obtaining a court order to retake the subject personal property. The affirmative defense shall affect only the coerced debtor’s liability for any deficiency after the repossession or surrender and disposition of the subject collateral.

Source: Section 604-DD — Application to secured debt, https://www.­nysenate.­gov/legislation/laws/GBS/604-DD (updated Jun. 19, 2026; accessed Jun. 27, 2026).

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Verified:
Jun. 27, 2026

Last modified:
Jun. 19, 2026

§ 604-DD. Application to secured debt's source at nysenate​.gov

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