Legislation
SECTION 208
Consideration for issuance of stock, bonds or income debentures
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 6
§ 208. Consideration for issuance of stock, bonds or income
debentures. No redevelopment corporation shall issue stock, bonds or
income debentures, except for money or property actually received for
the use and lawful purposes of the corporation or services actually
performed for the corporation.
debentures. No redevelopment corporation shall issue stock, bonds or
income debentures, except for money or property actually received for
the use and lawful purposes of the corporation or services actually
performed for the corporation.