Income debentures
Source:
Section 110 — Income debentures, https://www.nysenate.gov/legislation/laws/PVH/110 (updated Sep. 22, 2014; accessed May 4, 2024).
100
Short title 101
Policy of state and purpose of act 102
Definitions 103
Redevelopment companies 104
Consent of supervising agency to creation of redevelopment companies 105
Application of other corporation laws 105‑A
Application of other laws 106
Powers of redevelopment companies 107
Limited return on investment 108
Consideration for capital and bonds 109
Minimum amount of capital and debentures 110
Income debentures 111
Mortgages and mortgage bonds 111‑A
Participation by certain corporations and individuals 111‑B
Mortgage modification provisions for redevelopment companies in cities with a population of one million or more 112
Limitations 112‑A
Redevelopment loans 113
Use of projects 114
Procedure for submission and approval of plan or project 115
Limitation on changes 116
Transfer of real property to redevelopment company 117
Rules and regulations 118
Fees 119
Acquisition 120
Regulation of redevelopment companies 120‑A
State supervision and regulation 121
Sinking fund 122
Transfer of title or foreclosure of project 123
Dissolution 124
Participation by certain corporations 125
Tax exemptions 126
Reduced rentals for the elderly 127
Acquisition by mutual redevelopment companies 128
Resale price of shares
Short title 101
Policy of state and purpose of act 102
Definitions 103
Redevelopment companies 104
Consent of supervising agency to creation of redevelopment companies 105
Application of other corporation laws 105‑A
Application of other laws 106
Powers of redevelopment companies 107
Limited return on investment 108
Consideration for capital and bonds 109
Minimum amount of capital and debentures 110
Income debentures 111
Mortgages and mortgage bonds 111‑A
Participation by certain corporations and individuals 111‑B
Mortgage modification provisions for redevelopment companies in cities with a population of one million or more 112
Limitations 112‑A
Redevelopment loans 113
Use of projects 114
Procedure for submission and approval of plan or project 115
Limitation on changes 116
Transfer of real property to redevelopment company 117
Rules and regulations 118
Fees 119
Acquisition 120
Regulation of redevelopment companies 120‑A
State supervision and regulation 121
Sinking fund 122
Transfer of title or foreclosure of project 123
Dissolution 124
Participation by certain corporations 125
Tax exemptions 126
Reduced rentals for the elderly 127
Acquisition by mutual redevelopment companies 128
Resale price of shares
