N.Y. Private Housing Finance Law § 92: Reorganization

§ 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.