1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 228 A.D.2d
  5. 228 A.D.2d 428 (1996)
 

SERF REALTY CO. v. STATE

228 A.D.2d 428 (1996)

643 N.Y.S.2d 663

Serf Realty Co., Appellant, et al., Claimant, v. State of New York, Respondent

Appellate Division of the Supreme Court of the State of New York, Second Department.

June 3, 1996

Ordered that the order is affirmed, with costs.

The State's obligation to pay interest terminates upon deposit of an advance payment into an interest-bearing account pursuant to State Finance Law § 97-dd (see, EDPL 304 [E]; 514). Therefore, for the period when the advance payment was deposited in that account, the rate earned by the State's short-term investment pool was the correct rate of interest.

In light of our determination, we need not reach...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases