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Mental Hygiene Law § 75.27 · Article 75. Community Mental Health Services and Developmental Disabilities Services Companies

Voluntary dissolution

Verbatim from the official edition

Text — Law content up to date as of June 26, 2026, as published by the New York State Senate (Open Legislation)

§ 75.27 Voluntary dissolution.

At any time after the expiration of twenty years after the occupancy date, or such earlier date as the bonds issued by the New York state housing finance agency with respect to the project are subject to redemption, a company may be voluntarily dissolved, with the consent of the commissioner, upon repayment in full of all obligations under the mortgage and payment of all obligations of the company, as approved by the commissioner.

Source of truth

Edition
Law content up to date as of June 26, 2026, as published by the New York State Senate (Open Legislation)
Official file
https://legislation.nysenate.gov/pdf/laws/MHY75.27
Text hash
sha256 0aaa363af41fea495ada6de2efe7b839a3d24a45d250d66cd8f4b579a821244b
Composed by
gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.