NY Code - Article 2: LIMITED-PROFIT HOUSING COMPANIES

Search NY Code - Article 2: LIMITED-PROFIT HOUSING COMPANIES

• Section 10 Short title
• Section 11 Policy and purposes of article
• Section 11-A Additional policy and purposes of article
• Section 12 Definitions
• Section 13 Limited-profit housing companies; how created
• Section 13-A The applicability of not-for-profit corporation law
• Section 13-B Verification of papers filed with supervising agency
• Section 14 Consent of commissioner to incorporation
• Section 15 Participation by certain corporations and individuals
• Section 16 Limited-profit housing companies; partnership relations
• Section 17 Powers
• Section 18 Designation of and service of process on secretary of state and registered agent
• Section 19 Consideration for issuance of stock, bonds or income debentures
• Section 20 Mortgages, mortgage bonds and notes
• Section 21 Capital structure
• Section 22 State loans
• Section 22-A Redevelopment loans
• Section 22-B Loans for state-aided limited-profit housing companies
• Section 23 Municipal loans and municipally aided projects
• Section 23-A Mortgage modifications, evidence of pre-existing indebtedness
• Section 23-B Participation in loan or investment
• Section 23-C Mortgage modifications
• Section 24 Income debentures
• Section 25 Working capital
• Section 26 Conditions and security for loans
• Section 26-A Findings for municipally-aided projects
• Section 26-B Special provisions with respect to state urban development corporation projects
• Section 26-C Special provisions with respect to Battery Park city projects
• Section 27 Limitations
• Section 28 Payments from earnings
• Section 29 Acquisition of property
• Section 30 Transfer of real property
• Section 31 Rentals and selection of tenants
• Section 31-A Resale price of shares
• Section 31-B Assignment or pledge of tenant cooperator's shares
• Section 32 Supervision and regulation
• Section 32-A Additional supervision and regulation
• Section 32-B Annual reports
• Section 33 Tax exemptions
• Section 34 Foreclosure and judgments
• Section 35 Voluntary dissolution
• Section 36 Sale of project prior to termination of tax exemption
• Section 36-A Additional powers of municipalities
• Section 37 Separability clause