Internal prototype — noindexed, not linked from public navigation yet.

N.Y. PEP Law § 287

This is the official text of N.Y. PEP Law § 287, part of New York’s PEP Law — part of the compiled statutory law of New York, published by the state as "PEP Law." Browse the sections below, each linked to its official government source.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Contents of petition

Official statutory text

§ 287. Contents of petition. The petition shall briefly describe the\nissue, stating the date, maturity and size thereof so far as known to\nthe petitioner; shall set forth the default or proceedings upon which\nthe application is based, and, if based on a default, the fact that such\ndefault has not been cured; shall show the purpose for which the\napplication is made; and shall contain an allegation that the list is\nnot intended for sale, and shall further show that such bond was not\npurchased for the purpose of making such an application; that the list\nof bondholders shall not be for the purpose of communicating with\nbondholders in the interests of an object other than the particular\nindenture securing the issue of bonds; and that such petitioner has not\nwithin five years sold or offered for sale any list of stockholders of\nany corporation, or aided or abetted any person in procuring any stock\nlist for any such purpose or sold or offered for sale any list of\nbondholders of any obligor or aided or abetted any person in procuring\nsuch a list for any such purpose.\n

Status: in_force · Read it on the official government site

Need a lawyer in New York?

Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.