2006 New York Code - Laws: Private Housing Finance : (10 - 37) Limited-profit Housing Companies

Article 2 - LIMITED-PROFIT HOUSING COMPANIES
10 - Short title.
11 - Policy and purposes of article.
11-A - Additional policy and purposes of article.
12 - Definitions.
13 - Limited-profit housing companies; how created.
13-A - The applicability of not-for-profit corporation law.
13-B - Verification of papers filed with supervising agency.
14 - Consent of commissioner to incorporation.
15 - Participation by certain corporations and individuals.
16 - Limited-profit housing companies; partnership relations.
17 - Powers.
18 - Designation of and service of process on secretary of state and registered agent.
19 - Consideration for issuance of stock, bonds or income debentures.
20 - Mortgages, mortgage bonds and notes.
21 - Capital structure.
22 - State loans.
23 - Municipal loans and municipally aided projects.
23-A - Mortgage modifications, evidence of pre-existing indebtedness.
23-B - Participation in loan or investment.
23-C - Mortgage modifications.
24 - Income debentures.
25 - Working capital.
26 - Conditions and security for loans.
26-A - Findings for municipally-aided projects.
26-B - Special provisions with respect to state urban development corporation projects.
26-C - Special provisions with respect to Battery Park city projects.
27 - Limitations.
28 - Payments from earnings.
29 - Acquisition of property.
30 - Transfer of real property.
31 - Rentals and selection of tenants.
31-A - Resale price of shares.
31-B - Assignment or pledge of tenant cooperator's shares.
32 - Supervision and regulation.
32-A - Additional supervision and regulation.
32-B - Annual reports.
33 - Tax exemptions.
34 - Foreclosure and judgments.
35 - Voluntary dissolution.
36 - Sale of project prior to termination of tax exemption.
36-A - Additional powers of municipalities.
37 - Separability clause.