§ 207 — Application of other corporation laws to redevelopment corporations

New York § 207

• Jurisdiction: New York
• Law PVH: Private Housing Finance
• Art. 6: Urban Redevelopment Corporations

Text

§ 207. Application of other corporation laws to redevelopment\ncorporations. The provisions of the business corporation law as\npresently in effect and as hereafter from time to time amended, shall\napply to redevelopment corporations heretofore or hereafter, except\nwhere such provisions are in conflict with the provisions of this\narticle. In the event that any action with respect to which the holders\nof income debentures shall have the right to vote is proposed to be\ntaken, then notice of any meeting at which such action is proposed to be\ntaken shall be given to such holders in the same manner and to the same\nextent as if they were stockholders entitled to notice of and to vote at\nsuch meeting, and any certificate filed pursuant to law in the\ndepartment of state with respect to any such action, whether taken with\nor without meeting, and any affidavit required by law to be annexed to\nsuch certificate, shall contain the same statements or recitals and such\ncertificate shall be subscribed and acknowledged, and such affidavit\nshall be made, in the same manner as if such holders were stockholders\nholding shares of an additional class of stock entitled to vote on such\naction, or with respect to the proceedings provided for in such\ncertificate.\n