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  4. Art. 4

Article 4
Limited Dividend Housing Companies

Sections

70
General policy
71
Definitions
72
Housing companies
73
Consent of commissioner to creation of housing companies
74
Application of other laws
75
Designation of and service of process on secretary of state and registered agent
76
Limited return on capital and debentures
77
Time of payment of subscription or capital contributions
78
Consideration for capital and bonds
79
Minimum amount of capital and debentures
80
Income debentures
81
Mortgages and mortgage bonds
82
Limitations
82‑A
Redevelopment loans
83
Execution of housing company projects
84
Regulation of housing companies
84‑A
Additional supervision and regulation of housing companies
85
Control of rentals
85‑A
Selection of tenants and occupants
85‑B
Resale price of shares
86
Reduction of rentals in housing company projects
87
Increase of rentals in housing company projects
88
Surplus
89
Consolidated projects
90
Purchase by housing companies
91
Proceedings against housing companies
92
Reorganization
93
Tax exemptions
94
Foreclosure
95
Judgments against housing companies not relating to mortgage indebtedness
96
Voluntary dissolution
97
Corporations in existence prior to enactment of article
 



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Location: https://newyork.public.law/laws/n.y._private_housing_finance_law_article_4

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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