New York § 68 Exemption of securities

New York Statutes

§ 68 — Exemption of securities

New York § 68

Law RELRural Electric Cooperative

Art. 6General Provisions Governing Property and Affairs

This text of New York § 68 (Exemption of securities) 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. Rural Electric Cooperative § 68 (2026).

Text

  § 68. Exemption of securities. The provisions of article\ntwenty-three-a of the general business law shall not apply to any note,\nbond or other evidence of indebtedness issued by any cooperative or\nforeign corporation doing business in this state pursuant to this\nchapter to United States of America or any agency or instrumentality\nthereof, or to any mortgage, deed of trust or other instrument executed\nto secure the same. The provisions of said article twenty-three-a shall\nnot apply to the issuance of membership certificates by any cooperative\nor any such foreign corporation.\n

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§ 68. Exemption of securities. The provisions of article\ntwenty-three-a of the general business law shall not apply to any note,\nbond or other evidence of indebtedness issued by any cooperative or\nforeign corporation doing business in this state pursuant to this\nchapter to United States of America or any agency or instrumentality\nthereof, or to any mortgage, deed of trust or other instrument executed\nto secure the same. The provisions of said article twenty-three-a shall\nnot apply to the issuance of membership certificates by any cooperative\nor any such foreign corporation.\n

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New York § 68, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/REL/68.