There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 10 - (550 - 560) SALE OR LEASE OF PROJECTS
557 - Supervision of certain housing companies.


NY Priv Hous Fin L § 557 (2012) What's This?
 
    §  557.  Supervision  of  certain housing companies. The provisions of
  section  thirteen  of  this  chapter  requiring  the  approval  by   the
  commissioner  of  housing  of the persons incorporating a limited-profit
  housing company, and the provisions of section fourteen of this  chapter
  requiring  the consent of the commissioner of housing to the filing of a
  certificate of incorporation of a limited-profit housing company in  the
  office of the secretary of state and amendments thereof, shall not apply
  to  a  municipally-aided  housing  company  organized for the purpose of
  purchasing or leasing a  federally-aided  project  or  municipally-aided
  project  from  a  municipality  or  housing authority. The deed or lease
  shall, in such  cases,  make  provision  for  the  supervision  of  such
  companies by one or more state, federal or municipal agencies.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.