Bill
Bill > A07773
NY A07773
NY A07773Requires the board of directors of a cooperative apartment corporation to notify applicants seeking to purchase shares of the corporation of the reason or reasons the board of directors has refused such request.
summary
Introduced
05/21/2021
05/21/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the general business law, in relation to requiring the board of directors of a cooperative apartment corporation to notify applicants seeking to purchase shares of the corporation of the reason or reasons the board of directors has refused such request
AI Summary
This bill amends the General Business Law to require the board of directors of a cooperative apartment corporation to notify applicants seeking to purchase shares of the corporation of the reason(s) the board has refused such a request. The board must provide this notification in writing within 30 days of its decision to deny the applicant's request to purchase the shares.
Committee Categories
Housing and Urban Affairs
Sponsors (8)
Rodneyse Bichotte Hermelyn (D)*,
Michael Durso (R),
Harvey Epstein (D),
Deborah Glick (D),
Latoya Joyner (D),
José Rivera (D),
Jo Anne Simon (D),
Al Taylor (D),
Last Action
referred to housing (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A7773 | 05/22/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07773&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07773 | 05/22/2021 |
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