New York Laws > Debtor and Creditor > Article 4 – Insolvent's Exemption From Arrest and Imprisonment
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Terms Used In New York Laws > Debtor and Creditor > Article 4 - Insolvent's Exemption From Arrest and Imprisonment
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Arrest: Taking physical custody of a person by lawful authority.
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Recess: A temporary interruption of the legislative business.
- Trustee: A person or institution holding and administering property in trust.
- Verdict: The decision of a petit jury or a judge.