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This entry was published on 2014-09-22
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Description of realty bonds
General Business (GBS) CHAPTER 20, ARTICLE 23-A
§ 352-f. Description of realty bonds. Whenever hereafter any person,
partnership, corporation, company, trust or association, or any agent or
employee thereof, makes or takes part in an offering or sale of
securities described in subdivision one of section three hundred
fifty-two-e of this article, and such securities consist of bonds or
other evidence of indebtedness, there shall be included in numeral form,
in bold print on the first page of all offering literature employed in
the solicitation and sale of such securities, the actual interest rate
payable on such securities. Such rate shall not include any return of