TITLE 7
Corporations, Associations, and Partnerships

CHAPTER 7-6.1
Cooperative Housing Corporations

SECTION 7-6.1-12


§ 7-6.1-12 Termination of proprietary leases.

A cooperative housing corporation may terminate all of its proprietary leases, but only by agreement of proprietary lessees holding at least eighty percent (80%) of its stock or any larger percentage than specified in the articles or bylaws.

History of Section.
(P.L. 1986, ch. 256, § 1.)