New York Codes, Rules and Regulations
Title 5 - DEPARTMENT OF ECONOMIC DEVELOPMENT
Chapter II - ECONOMIC DEVELOPMENT ZONES
Part 15 - Zone Capital Corporations
Section 15.1 - Purpose and scope

Current through Register Vol. 46, No. 12, March 20, 2024

Prior to the establishment of a zone capital corporation, the commissioner must approve of: its formation; board of directors and management; and procedures for making, servicing and monitoring investments. The purpose of these regulations is to set forth the requirements and procedures for obtaining such approval, as well as operating and reporting requirements.

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