N.Y. Personal Property Law Section 287
Contents of petition

The petition shall briefly describe the issue, stating the date, maturity and size thereof so far as known to the petitioner; shall set forth the default or proceedings upon which the application is based, and, if based on a default, the fact that such default has not been cured; shall show the purpose for which the application is made; and shall contain an allegation that the list is not intended for sale, and shall further show that such bond was not purchased for the purpose of making such an application; that the list of bondholders shall not be for the purpose of communicating with bondholders in the interests of an object other than the particular indenture securing the issue of bonds; and that such petitioner has not within five years sold or offered for sale any list of stockholders of any corporation, or aided or abetted any person in procuring any stock list for any such purpose or sold or offered for sale any list of bondholders of any obligor or aided or abetted any person in procuring such a list for any such purpose.

Source: Section 287 — Contents of petition, https://www.­nysenate.­gov/legislation/laws/PEP/287 (updated Sep. 22, 2014; accessed Nov. 25, 2023).

Nov. 25, 2023

Last modified:
Sep. 22, 2014

§ 287’s source at nysenate​.gov

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