Liens not affected
Source:
Section 79 — Liens not affected, https://www.nysenate.gov/legislation/laws/LIE/79 (updated Sep. 22, 2014; accessed Nov. 8, 2025).
70
Definition of trusts 71
Purpose of the trust 71–A
Further trust of funds received or receivable by owner under executory contract for the sale and improvement of real property 72
Diversion of trust funds 73
Affirmative defense in action against transferee of trust assets or to charge trustee in certain cases 74
Authority of trustee in administering trust funds 75
Deposit of funds of trust 76
Right of beneficiaries to examine books or records and make copies, or to receive statement 77
Action to enforce trust 78
Relief after judgment on obligation constituting trust claim 79
Liens not affected 79–A
Misappropriation of funds of trust
Definition of trusts 71
Purpose of the trust 71–A
Further trust of funds received or receivable by owner under executory contract for the sale and improvement of real property 72
Diversion of trust funds 73
Affirmative defense in action against transferee of trust assets or to charge trustee in certain cases 74
Authority of trustee in administering trust funds 75
Deposit of funds of trust 76
Right of beneficiaries to examine books or records and make copies, or to receive statement 77
Action to enforce trust 78
Relief after judgment on obligation constituting trust claim 79
Liens not affected 79–A
Misappropriation of funds of trust
