§ 106. Powers of redevelopment companies. Each redevelopment company
shall have and may exercise such of the powers conferred by law as shall
be necessary in conducting the business of a redevelopment company and
consistent with the provisions of this article.
Structure New York Laws
Article 5 - Redevelopment Companies
101 - Policy of State and Purpose of Act.
103 - Redevelopment Companies; How Created.
104 - Consent of Supervising Agency to Creation of Redevelopment Companies.
105 - Application of Other Corporation Laws.
105-A - Application of Other Laws.
106 - Powers of Redevelopment Companies.
107 - Limited Return on Investment.
108 - Consideration for Capital and Bonds.
109 - Minimum Amount of Capital and Debentures.
111 - Mortgages and Mortgage Bonds.
111-A - Participation by Certain Corporations and Individuals.
114 - Procedure for Submission and Approval of Plan or Project.
116 - Transfer of Real Property to Redevelopment Company.
120 - Regulation of Redevelopment Companies.
120-A - State Supervision and Regulation.
122 - Transfer of Title or Foreclosure of Project.
124 - Participation by Certain Corporations.
126 - Reduced Rentals for the Elderly.