Statute · New York Mental Hygiene Law
N.Y. Mental Hyg. Law § 75.27 — Voluntary dissolution
N.Y. Mental Hyg. Law § 75.27
- Type
- Statute
- Source
- New York Mental Hygiene Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 75.27 Voluntary dissolution.
Citator
N.Y. Mental Hyg. Law § 75.27 — Voluntary dissolution is in force in the current edition of the Code, and nothing recorded condemns it.
§ 75.27 Voluntary dissolution.
At any time after the expiration of twenty years after the occupancy date, or such earlier date as the bonds issued by the New York state housing finance agency with respect to the project are subject to redemption, a company may be voluntarily dissolved, with the consent of the commissioner, upon repayment in full of all obligations under the mortgage and payment of all obligations of the company, as approved by the commissioner.