Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 207
Application of other corporation laws to redevelopment corporations
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 6
§ 207. Application of other corporation laws to redevelopment
corporations. The provisions of the business corporation law as
presently in effect and as hereafter from time to time amended, shall
apply to redevelopment corporations heretofore or hereafter, 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, 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 stockholders 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 stockholders
holding shares of an additional class of stock entitled to vote on such
action, or with respect to the proceedings provided for in such
certificate.