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This entry was published on 2014-09-22
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SECTION 105
Application of other corporation laws
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 5
§ 105. Application of other corporation laws. The provisions of the
business corporation law as presently in effect and as hereafter from
time to time amended, shall apply to redevelopment companies which are
corporations, except where such provisions are in conflict with the
provisions of this article. In the event that any action with respect to
which the holders of income debentures shall have the right to vote is
proposed to be taken with regard to a redevelopment company which is a
corporation, then notice of any meeting at which such action is proposed
to be taken shall be given to such holders in the same manner and to the
same extent as if they were shareholders entitled to notice of and to
vote at such meeting, and any certificate filed pursuant to law in the
department of state with respect to any such action, whether taken with
or without meeting, and any affidavit required by law to be annexed to
such certificate, shall contain the same statements or recitals and such
certificate shall be subscribed and acknowledged, and such affidavit
shall be made, in the same manner as if such holders were shareholders
holding shares of an additional class of shares entitled to vote on such
action, or with respect to the proceedings provided for in such
certificate.