Article 2 - LIMITED-PROFIT HOUSING COMPANIES
- Section 10 - Short title
- Section 11 - Policy and purposes of article
- Section 11-A - Additional policy and purposes of article
- Section 12 - Definitions
- Section 13 - Limited-profit housing companies; how created
- Section 13-A - The applicability of not-for-profit corporation law
- Section 13-B - Verification of papers filed with supervising agency
- Section 13-C - Voting, election and referendum procedures
- Section 14 - Consent of commissioner to incorporation
- Section 15 - Participation by certain corporations and individuals
- Section 16 - Limited-profit housing companies; partnership relations
- Section 17 - Powers
- Section 18 - Designation of and service of process on secretary of state and registered agent
- Section 19 - Consideration for issuance of stock, bonds or income debentures
- Section 20 - Mortgages, mortgage bonds and notes
- Section 21 - Capital structure
- Section 22 - State loans
- Section 22-A - Redevelopment loans
- Section 22-B - Loans for state-aided limited-profit housing companies
- Section 23 - Municipal loans and municipally aided projects
- Section 23-A - Mortgage modifications, evidence of pre-existing indebtedness
- Section 23-B - Participation in loan or investment
- Section 23-C - Mortgage modifications
- Section 24 - Income debentures
- Section 25 - Working capital
- Section 26 - Conditions and security for loans
- Section 26-A - Findings for municipally-aided projects
- Section 26-B - Special provisions with respect to state urban development corporation projects
- Section 26-C - Special provisions with respect to Battery Park city projects
- Section 27 - Limitations
- Section 28 - Payments from earnings
- Section 29 - Acquisition of property
- Section 30 - Transfer of real property
- Section 31 - [Effective Until 5/8/2024] Rentals and selection of tenants
- Section 31 - [Effective 5/8/2024] Rentals and selection of tenants
- Section 31-A - Resale price of shares
- Section 31-B - Assignment or pledge of tenant cooperator's shares
- Section 31-C - Tenant-cooperators; application of shares
- Section 32 - Supervision and regulation
- Section 32-A - Additional supervision and regulation
- Section 32-B - Annual reports
- Section 33 - Tax exemptions
- Section 34 - Foreclosure and judgments
- Section 35 - Voluntary dissolution
- Section 35-A - Requirements regarding dissolution
- Section 36 - Sale of project prior to termination of tax exemption
- Section 36-A - Additional powers of municipalities
- Section 37 - Separability clause