New York General Business Code § 352-F

Description of realty bonds
Open in Lexace · Ask the AI about this section
§ 352-f. Description of realty bonds. Whenever hereafter any person,\npartnership, corporation, company, trust or association, or any agent or\nemployee thereof, makes or takes part in an offering or sale of\nsecurities described in subdivision one of section three hundred\nfifty-two-e of this article, and such securities consist of bonds or\nother evidence of indebtedness, there shall be included in numeral form,\nin bold print on the first page of all offering literature employed in\nthe solicitation and sale of such securities, the actual interest rate\npayable on such securities. Such rate shall not include any return of\nprincipal.\n

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.