New York Statutes

§ 25 — Working capital

New York § 25
JurisdictionNew York
Law PVHPrivate Housing Finance
Art. 2Limited-profit Housing Companies

This text of New York § 25 (Working capital) 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. Private Housing Finance § 25 (2026).

Text

§ 25. Working capital. The supervising agency or the commissioner, as\nthe case may be, may permit stock or income debentures to be issued for\nworking capital to be used in connection with such project to an amount\nnot exceeding three per centum of the estimated project cost or the\nactual project cost, whichever is larger.\n

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Bluebook (online)
New York § 25, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/PVH/25.