N.Y. Private Housing Finance Law § 13-a: The applicability of not-for-profit corporation law

§ 13-a. The applicability of not-for-profit corporation law. 1. The

not-for-profit corporation law applies to every company heretofore or

hereafter formed under this article and the not-for-profit corporation

law, provided that:

(a) If any provision of the not-for-profit corporation law conflicts

with any provision of this article, the provision of this article shall

prevail and the conflicting provision of the not-for-profit corporation

law shall not apply in any such case. If any provision of this article

relates to a matter embraced in the not-for-profit corporation law but

is not in conflict therewith, both provisions shall apply.

(b) The following provisions of the not-for-profit corporation law

shall not apply to companies formed pursuant to this article and the

not-for-profit corporation law:

Paragraphs (7) and (8) of subdivision (a) of section one hundred

twelve, section one hundred thirteen, section one hundred fourteen,

section two hundred one, section three hundred four, section three

hundred seven, section four hundred four, subdivision (3) of paragraph

(a) of section five hundred ten, section six hundred nine, section six

hundred seventeen, paragraphs (a) and (b) of section eight hundred four,

article nine, section ten hundred eleven, section ten hundred twelve,

article thirteen, article fourteen.

2. Every corporation to which the not-for-profit corporation law is

made applicable by this section is a charitable corporation as defined

in paragraph (a) of section one hundred two (Definitions) of the

not-for-profit corporation law for all purposes of that law.