New York Statutes

§ 208 — Consideration for issuance of stock, bonds or income debentures

New York·Law PVH Private Housing Finance·Art. 6 Urban Redevelopment Corporations
§ 208. Consideration for issuance of stock, bonds or income\ndebentures. No redevelopment corporation shall issue stock, bonds or\nincome debentures, except for money or property actually received for\nthe use and lawful purposes of the corporation or services actually\nperformed for the corporation.\n

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