New York Laws
NPC - Not-For-Profit Corporation
Article 16 - Land Banks

1600 - Short Title. - This article shall be known and may be cited as...

1601 - Legislative Intent. - The legislature finds and declares that New York's communities are...

1602 - Definitions. - (a) "board of directors" or "board" shall mean the board...

1603 - Creation and Existence. - (a) Any foreclosing governmental unit may create a land bank...

1604 - Applicability of New York Law. - This article shall apply only to land banks created pursuant...

1605 - Board of Directors. - (a) (1) The initial size of the board shall be...

1606 - Staff. - A land bank may employ a secretary, an executive director,...

1607 - Powers. - (a) A land bank shall constitute a charitable not-for-profit corporation...

1608 - Acquisition of Property. - (a) The real property of a land bank and its...

1609 - Disposition of Property. - (a) The land bank shall hold in its own name,...

1610 - Financing of Land Bank Operations. - (a) A land bank may receive funding through grants and...

1611 - Borrowing and Issuance of Bonds. - (a) A land bank shall have power to issue bonds...

1612 - Public Records and Public Meetings. - (a) The board shall cause minutes and a record to...

1613 - Dissolution of Land Bank. - A land bank may be dissolved as a charitable not-for-profit...

1614 - Conflicts of Interest. - No member of the board or employee of a land...

1615 - Construction, Intent and Scope. - The provisions of this article shall be construed liberally to...

1616 - Delinquent Property Tax Enforcement. - (a) The consideration to be paid may be more or...

1617 - Contracts. - (a) The land bank may, in its discretion, assign contracts...