Distribution of proceeds
Source:
Section 98 — Distribution of proceeds, https://www.nysenate.gov/legislation/laws/LIE/98 (updated Sep. 22, 2014; accessed Feb. 14, 2026).
80
Liens on vessels 81
Lien on vessel causing damage 82
Notice of lien, when to be filed 83
Duration of lien 84
Assignment of lien 85
Enforcement of lien 86
Application for warrant 87
Undertaking to accompany application 88
Warrant 89
Order to show cause 90
Notice of issuance of warrant to be published and served 91
Proceedings upon return of order to show cause 92
Order of sale, when made 93
Sale and proceeds 94
Notice of the distribution of the proceeds of sale 95
Liens for which no warrants are issued 96
Contested claims 97
Trial of issues and appeal 98
Distribution of proceeds 99
Payment of uncontested claims 100
Distribution of surplus 101
Application for a discharge of warrant 102
Undertaking to accompany application for discharge 103
Discharge of warrant 104
Action on undertaking 105
Costs of proceedings 106
Sheriff must return warrant 107
Discharge of lien before issue of warrant
Liens on vessels 81
Lien on vessel causing damage 82
Notice of lien, when to be filed 83
Duration of lien 84
Assignment of lien 85
Enforcement of lien 86
Application for warrant 87
Undertaking to accompany application 88
Warrant 89
Order to show cause 90
Notice of issuance of warrant to be published and served 91
Proceedings upon return of order to show cause 92
Order of sale, when made 93
Sale and proceeds 94
Notice of the distribution of the proceeds of sale 95
Liens for which no warrants are issued 96
Contested claims 97
Trial of issues and appeal 98
Distribution of proceeds 99
Payment of uncontested claims 100
Distribution of surplus 101
Application for a discharge of warrant 102
Undertaking to accompany application for discharge 103
Discharge of warrant 104
Action on undertaking 105
Costs of proceedings 106
Sheriff must return warrant 107
Discharge of lien before issue of warrant
