New York Statutes

§ 6 — Loan guarantee fund

New York § 6
JurisdictionNew York
Law UDGUrban development guarantee fund of New York 175/68

This text of New York § 6 (Loan guarantee fund) 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. Urban development guarantee fund of New York 175/68 § 6 (2026).

Text

§ 6. Loan guarantee fund. The fund shall establish a loan guarantee\nfund. The loan guarantee fund shall be a non-lapsing, revolving fund to\nbe used for the purpose of carrying out the provisions of this act. To\nsuch loan guarantee fund shall be charged payments required by loan\ndefaults. To such loan guarantee fund shall be credited all receipts of\nthe fund, other than receipts allocated for the payment of current\noperating expenses, including loan guarantee premiums, gifts, grants or\nloans, proceeds of the sale of debentures by the fund, and proceeds from\nthe sale, disposal, lease or rental of real or personal property which\nthe fund may receive under the provisions of this act. Monies of the\nloan guarantee fund, not needed to meet current obligations of the fund,\nshall be de

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Bluebook (online)
New York § 6, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/UDG/6.