9 CRR-NY 1750.7NY-CRR

OFFICIAL COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE S. DIVISION OF HOUSING AND COMMUNITY RENEWAL
CHAPTER IV. STATE-ASSISTED HOUSING CONSTRUCTED BY PRIVATE ENTERPRISE
SUBCHAPTER E. DISSOLUTION OF LIMITED-PROFIT AND LIMITED-DIVIDEND HOUSING COMPANIES
PART 1750. VOLUNTARY DISSOLUTION
9 CRR-NY 1750.7
9 CRR-NY 1750.7
1750.7 Mutual companies; special requirements.
In addition to the other requirements set forth in this Part, each mutual company shall also submit to the division, upon completion of the public informational meeting required under section 1750.5 of this Part, satisfactory evidence of (a) acceptance by the office of the Attorney General of the State of New York of the filing of the offering plan pertaining to the proposed transfer from the mutual company to a private cooperative or condominium corporation; and (b) approval by two thirds of the shareholders of record of the counted on the basis of one vote per dwelling unit.
9 CRR-NY 1750.7
Current through April 30, 2021
End of Document