These regulations shall apply to State-assisted limited profit rental or mutual housing companies formed pursuant to article 2 of the Private Housing Finance Law, and to limited-dividend rental or mutual housing companies formed pursuant to article 4 of the Private Housing Finance Law, which elect under section 35(2) or 96(1) of the Private Housing Finance Law, respectively, of such law, to voluntarily dissolve. As used in this Part, the term dissolution shall include reconstitution where the housing company elects to reconstitute upon dissolution of the housing company.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 1750.2