New York Laws > Private Housing Finance > Article 27 – Rural and Urban Community Investment Fund Program
Current as of: 2024 | Check for updates
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Other versions
| § 1230 | Statement of legislative findings and purpose |
| § 1231 | Definitions |
| § 1232 | Rural and urban community investment fund |
Terms Used In New York Laws > Private Housing Finance > Article 27 - Rural and Urban Community Investment Fund Program
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.