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2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 16 - (901 - 910) NEIGHBORHOOD PRESERVATION COMPANIES
910 - Merged company savings fund.


NY Priv Hous Fin L § 910 (2012) What's This?
 
    §  910.  Merged company savings fund. The division shall create a fund
  to hold and shall transfer all funds determined  to  be  merged  company
  savings  pursuant  to  paragraph (d) of subdivision five of section nine
  hundred four of this article into such fund. The division shall use such
  funds, as available,  for  entering  into  new  contracts,  pursuant  to
  section   nine   hundred   three  of  this  article,  with  neighborhood
  preservation companies located in areas of the state that are  currently
  unserved by a neighborhood preservation company.

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