N.Y. Comp. Codes R. & Regs. tit. 9 § 2601.2

Current through Register Vol. 46, No. 53, December 31, 2024

Section 2601.2 - Representation

(a) The applicant's officers, directors and members must be fairly representative of the residents and other legitimate interests of the neighborhood, and shall have acted in a responsible manner.

(b) A majority of the company's directors must be residents of the neighborhood.

(c) The governing board of directors shall consist of at least seven persons.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 2601.2