N.Y. Private Housing Finance Law Section 362
Voluntary dissolution

At any time after the expiration of ten years after the occupancy date, a company may be voluntarily dissolved, with the consent of the commissioner, upon repayment in full of all obligations under the mortgage and payment of all obligations of the company, as approved by the commissioner.

Source: Section 362 — Voluntary dissolution, https://www.­nysenate.­gov/legislation/laws/PVH/362 (updated Sep. 22, 2014; accessed Feb. 28, 2026).

Green check means up to date. Up to date

Verified:
Feb. 28, 2026

Last modified:
Sep. 22, 2014

§ 362. Voluntary dissolution's source at nysenate​.gov

Link Style