N.Y. RSS Law § 177-A
This is the official text of N.Y. RSS Law § 177-A, part of New York’s RSS Law — part of the compiled statutory law of New York, published by the state as "RSS Law." Browse the sections below, each linked to its official government source.
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Investment in certain conventional mortgages
Official statutory text
§ 177-a. Investment in certain conventional mortgages.\nNotwithstanding any provision contained in this chapter or any other\ngeneral, special or local law or code to the contrary, within the\nlimitations authorized for investment in conventional mortgages, the\ntrustees of the fund may invest a part of its assets in first mortgages\non real property located anywhere within the boundaries of the United\nStates.\n
Status: in_force · Read it on the official government site
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