Laws of New York (Last Updated: November 21, 2014) |
PVH Private Housing Finance |
Article 6. URBAN REDEVELOPMENT CORPORATIONS |
Section 208. Consideration for issuance of stock, bonds or income debentures
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No redevelopment corporation shall issue stock, bonds or income debentures, except for money or property actually received for the use and lawful purposes of the corporation or services actually performed for the corporation.