Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
110 — New York Law | CourtGPT
  1. Home/
  2. Laws/
  3. New York/
  4. Pvh - Private Housing Finance/
  5. Article 5 - Redevelopment Companies100 - Short Title/
  6. 110
New York Legal Code

110

Ask AI about this
With the approval of the supervising agency, the certificate creating a redevelopment company, or an amended certificate, may authorize the issuance of income debenture certificates bearing no greater interest than six per centum per annum. Such income debenture certificates and any instrument under which they are issued may contain such other provisions, including provision for amortization by serial maturities, through the operation of a sinking fund or otherwise, as may be approved by the supervising agency.