New York Laws
Article 7 - Mortgage Facilities Corporation
309 - Obligations.

ยง 309. Obligations. At no time shall the total obligations of such
corporation exceed twenty-five million dollars.

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Structure New York Laws

New York Laws

PVH - Private Housing Finance

Article 7 - Mortgage Facilities Corporation

300 - Short Title.

301 - Policy of State and Purpose of Article.

302 - Definitions.

303 - Establishment of Corporation.

304 - Purposes, Powers and Operation.

305 - Board of Directors.

306 - Temporary Board of Directors.

307 - Membership.

308 - Capital and Shares.

309 - Obligations.

310 - Restrictions.

311 - Examination.

312 - Unissued Securities and Reorganization.

313 - Participation.