Consideration for Issuance of Stock, Bonds or Income Debentures.

  1. Law
  2. New York Laws
  3. Private Housing Finance
  4. Urban Redevelopment Corporations
  5. Consideration for Issuance of Stock, Bonds or Income Debentures.

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§ 208. Consideration for issuance of stock, bonds or income debentures. 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.



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