New York Statutes
§ 22 — Permissible relations
New York § 22
JurisdictionNew York
Law UDRUrban development research corporation act 173/68
This text of New York § 22 (Permissible relations) 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 research corporation act 173/68 § 22 (2026).
Text
§ 22. Permissible relations.
(1)Notwithstanding any rule at common\nlaw or any provision of any general, special or local law, the\ncorporation may purchase from, sell to, borrow from, loan to, contract\nwith or otherwise deal with any person, corporation, trust, association,\npartnership or other entity which is a member of the corporation and/or\nin which any director of the corporation has a financial interest,\ndirect or indirect, provided that such interest is disclosed in the\nminutes of the corporation and provided further that no director having\nsuch a financial interest may participate in any decision affecting such\ntransaction.\n
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New York § 22, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/UDR/22.