N.Y. PVH Law § 557
This is the official text of N.Y. PVH Law § 557, part of New York’s PVH Law — part of the compiled statutory law of New York, published by the state as "PVH Law." Browse the sections below, each linked to its official government source.
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Supervision of certain housing companies
Official statutory text
§ 557. Supervision of certain housing companies. The provisions of\nsection thirteen of this chapter requiring the approval by the\ncommissioner of housing of the persons incorporating a limited-profit\nhousing company, and the provisions of section fourteen of this chapter\nrequiring the consent of the commissioner of housing to the filing of a\ncertificate of incorporation of a limited-profit housing company in the\noffice of the secretary of state and amendments thereof, shall not apply\nto a municipally-aided housing company organized for the purpose of\npurchasing or leasing a federally-aided project or municipally-aided\nproject from a municipality or housing authority. The deed or lease\nshall, in such cases, make provision for the supervision of such\ncompanies by one or more state, federal or municipal agencies.\n
Status: in_force · Read it on the official government site
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