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Current as of January 01, 2026 | Updated by Findlaw Staff
If any person shall be aggrieved by the misconduct of any such licensed collateral loan broker, and shall recover judgment against him therefor, such person may, after the return unsatisfied, either in whole or in part, of any execution issued upon said judgment, maintain an action in his own name upon the bond of said collateral loan broker in any court having jurisdiction of the amount claimed, provided such court shall, upon application made for the purpose, grant such leave to prosecute.
Cite this article: FindLaw.com - New York Consolidated Laws, General Business Law - GBS § 42. Action on bond - last updated January 01, 2026 | https://codes.findlaw.com/ny/general-business-law/gbs-sect-42/
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