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The Laws of New York
Unconsolidated Laws of New York
This entry was published on 2014-09-22
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CHAPTER 173
Urban development research corporation act 173/68
SECTION 1
Short title
SECTION 2
Statement of legislative findings and purposes
SECTION 3
Definitions
SECTION 4
Corporation for urban development and research of New York
SECTION 5
Membership council
SECTION 6
Purposes of the corporation
SECTION 7
Powers and limitations
SECTION 8
Cooperation with municipalities
SECTION 9
Subsidiaries; how created
SECTION 10
Acquisition of real property
SECTION 11
Acquisition of real property acquired by a municipality or urban renewal agency
SECTION 12
Designation and service of process on secretary of state and registered agent
SECTION 13
Limitation of liability
SECTION 14
Bonds and notes of the corporation
SECTION 15
Security for bonds or notes; construction and acquisition of projects
SECTION 16
Reserve funds
SECTION 17
Trust funds
SECTION 18
Bonds and notes as legal investment
SECTION 19
Agreement of the state
SECTION 20
Remedies of bondholders and noteholders
SECTION 21
Monies of the corporation
SECTION 22
Permissible relations
SECTION 23
Inconsistent provisions of other laws superseded
SECTION 24
Construction
SECTION 25
Actions against corporation
SECTION 26
Separability
Chapter 173 of the laws of 1968

NEW YORK STATE URBAN

DEVELOPMENT AND RESEARCH CORPORATION ACT
Section 1. Short title.

2. Statement of legislative findings and purposes.

3. Definitions.

4. Corporation for urban development and research of New York.

5. Membership council.

6. Purposes of the corporation.

7. Powers and limitations.

8. Cooperation with municipalities.

9. Subsidiaries; how created.

10. Acquisition of real property.

11. Acquisition of real property acquired by a municipality or

urban renewal agency.

12. Designation and service of process on secretary of state and

registered agent.

13. Limitation of liability.

14. Bonds and notes of the corporation.

15. Security for bonds or notes; construction and acquisition of

projects.

16. Reserve funds.

17. Trust funds.

18. Bonds and notes as legal investment.

19. Agreement of the state.

20. Remedies of bondholders and noteholders.

21. Monies of the corporation.

22. Permissible relations.

23. Inconsistent provisions of other laws superseded.

24. Construction.

25. Actions against corporation.

26. Separability.