N.Y. Comp. Codes R. & Regs. tit. 5 § 15.1
Current through Register Vol. 46, No. 39, September 25, 2024
Prior to the establishment of a zone capital corporation, the commissioner must approve of: its formation; board of directors and management; and procedures for making, servicing and monitoring investments. The purpose of these regulations is to set forth the requirements and procedures for obtaining such approval, as well as operating and reporting requirements.
N.Y. Comp. Codes R. & Regs. Tit. 5 § 15.1