New York Laws
Article 8 - Miscellaneous Authorities
Title 17 - State of New York Mortgage Agency Act

2400 - Short Title. - § 2400. Short title. This title shall be known and...

2401 - Legislative Findings. - § 2401. Legislative findings. * It is hereby found and...

2402 - Definitions. - (1) "Agency". The state of New York mortgage agency, the...

2403 - State of New York Mortgage Agency. - (2) The directors, including the chairman, shall serve without salary...

2404 - Powers of the Agency. - (1) To sue and be sued; (2) To have a...

2405 - Purchase of Existing Mortgages. - (2) The agency shall purchase existing mortgages from banks at...

2405-A - Education Loans. - (a) "Corporation" shall mean the New York state higher education...

2405-B - Purchase of Forward Commitment Mortgages. - (2) The agency shall purchase forward commitment mortgages from banks...

2405-C - Purchase of New Housing Loans. - (2) The agency shall purchase new housing loans from banks...

2405-D - Lease-to-Own Program. - (2) The agency may contract to acquire and may acquire...

2405-E - Purchase of Employer Assisted Forward Commitment Mortgages. - (2) To participate in an employer assisted forward commitment mortgage...

2405-F - New York State Community Restoration Fund. - (a) "fund" shall mean the New York state community restoration...

2406 - Bonds and Notes of the Agency. - (2) Except as may otherwise be expressly provided by the...

2407 - Bond Limits. - (2) In connection with the issuance of bonds for the...

2408 - Reserve Funds and Appropriations. - (2) To assure the continued operation and solvency of the...

2409 - Remedies of Bondholders and Noteholders. - (2) Such trustee may, and upon written request of the...

2410 - State and Municipalities Not Liable on Bonds, Notes or Insurance Commitments or Contracts or Development Corporation Credit Support. - § 2410. State and municipalities not liable on bonds, notes...

2411 - Agreement of the State. - § 2411. Agreement of the state. The state of New...

2412 - Property and Income. - § 2412. Property and income. 1. The property of the...

2413 - Exemption From Taxation of Bonds and Notes and Insurance Commitments and Loans. - § 2413. Exemption from taxation of bonds and notes and...

2414 - Bonds and Notes as Legal Investments for Public Officers and Fiduciaries. - § 2414. Bonds and notes as legal investments for public...

2415 - Moneys of the Agency. - (2) The agency shall have power to contract with holders...

2416 - Actions. - § 2416. Actions. In any case founded upon tort a...

2417 - Limitation of Liability. - § 2417. Limitation of liability. Neither the members of the...

2418 - Assistance by State Officers, Departments, Boards and Commissions; Transfer of Officers and Employees. - (1) The department of audit and control, department of law,...

2419 - Annual Report. - § 2419. Annual report. The agency shall submit to the...

2419-A - Additional Reports. - § 2419-a. Additional reports. 1. Within six months after the...

2420 - Court Proceedings; Preferences; Venue. - § 2420. Court proceedings; preferences; venue. Any action or proceeding...

2420-A - Validity. - § 2420-a. Validity. Bonds, insurance commitments or contracts and development...

2421 - Inconsistent Provisions of Other Laws Superseded. - § 2421. Inconsistent provisions of other laws superseded. Insofar as...

2422 - Construction. - § 2422. Construction. This title, being necessary for the welfare...

2423 - Separability. - § 2423. Separability. If any clause, sentence, paragraph, section or...

2425 - Statement of Legislative Findings and Purpose With Respect to Insurance Commitments or Contracts by the Agency. - § 2425. Statement of legislative findings and purpose with respect...

2426 - Definitions. - (1) Buffalo: Cattaraugus, Chautauqua, Erie and Niagara counties; (2) Rochester:...

2427 - Additional Powers of the Agency. - (b) to issue commitments to provide and to provide pool...

2428 - Insurance of Mortgages. - (a) the authorized lender requires primary mortgage insurance on the...

2428-A - Development Corporation Credit Support Account as Source of Development Corporation Credit Support. - § 2428-a. Development corporation credit support account as source of...

2429 - Rentals. - § 2429. Rentals. Notwithstanding the provisions of, or any regulation...

2429-A - Payment of Insurance and Development Corporation Credit Support. - § 2429-a. Payment of insurance and development corporation credit support....

2429-B - Mortgage Insurance Fund. - (b) (i) The mortgage insurance fund shall be used as...

2429-C - Charges and Fees. - § 2429-c. Charges and fees. * 1. The agency shall...

2429-D - Contributions to Agency. - § 2429-d. Contributions to agency. Notwithstanding the provisions of any...

2429-E - Examination. - § 2429-e. Examination. At least once in each calendar year...

2429-F - Special Provisions Relating to Directors of the Agency. - § 2429-f. Special provisions relating to directors of the agency....