New York Statutes
§ 6 — Power to take and convey real property
New York § 6
This text of New York § 6 (Power to take and convey real property) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. General Associations § 6 (2026).
Text
§ 6. Power to take and convey real property. A joint-stock\nassociation, in the name of its president, as such president, may\npurchase, take, hold and convey such real property only,\n 1. As may be necessary for its immediate accommodation in the\nconvenient transaction of its business.\n 2. As may be mortgaged to it in good faith by way of security for\nloans made by or moneys due to it.\n 3. As it may purchase at sales under judgments, decrees or mortgages\nheld by it.\n
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Related
Florence W. Mason and Willard M. Mason v. American Express Company and Howard L. Clark, as President of American Express Company
334 F.2d 392 (Second Circuit, 1964)
Cite This Page — Counsel Stack
Bluebook (online)
New York § 6, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/GAS/6.