Purchase by housing companies
Source:
Section 90 — Purchase by housing companies, https://www.nysenate.gov/legislation/laws/PVH/90 (updated Sep. 22, 2014; accessed Dec. 13, 2025).
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
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
