Section 207. Application of other corporation laws to redevelopment corporations  


Latest version.
  • The  provisions  of  the  business  corporation  law   as
      presently  in  effect  and as hereafter from time to time amended, shall
      apply to redevelopment  corporations  heretofore  or  hereafter,  except
      where  such  provisions  are  in  conflict  with  the provisions of this
      article. In the event that any action with respect to which the  holders
      of  income  debentures  shall  have  the right to vote is proposed to be
      taken, then notice of any meeting at which such action is proposed to be
      taken shall be given to such holders in the same manner and to the  same
      extent as if they were stockholders entitled to notice of and to vote at
      such  meeting,  and  any  certificate  filed  pursuant  to  law  in  the
      department of state with respect to any such action, whether taken  with
      or  without  meeting, and any affidavit required by law to be annexed to
      such certificate, shall contain the same statements or recitals and such
      certificate shall be subscribed and  acknowledged,  and  such  affidavit
      shall  be  made, in the same manner as if such holders were stockholders
      holding shares of an additional class of stock entitled to vote on  such
      action,  or  with  respect  to  the  proceedings  provided  for  in such
      certificate.