New York Laws
Article 4 - Limited Dividend Housing Companies
92 - Reorganization.

ยง 92. Reorganization. 1. Reorganization of housing companies shall be
subject to the supervision and control of the commissioner and no such
reorganization shall be had without the authorization of the
commissioner.

2. Upon all such reorganizations the capital structure of the housing
company shall be subject to the approval of the commissioner in
accordance with the provisions of section seventy-eight of this article.