Skip to content

Opening book details…

Can I read New York SB 7830: Housing Company Amendments on EtoBox?

New York SB 7830: Housing Company Amendments by onondega is a document available to read on EtoBox.

What is New York SB 7830: Housing Company Amendments about?

2022 N.Y. SB 7830 amends the private housing finance law to establish specific voting and procedural requirements for mutual housing companies, particularly regarding dissolution and reconstitution during the COVID-19 state disaster emergency. The law mandates secret ballots for shareholder votes, prohibits proxy voting, and outlines the necessary approval percentages for various actions, including dissolution. It also sets forth the duties of boards of directors and ensures transparency in their operations

Author
onondega
Language
EN