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Bill

Bill

A 7090

Requires 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

2025 Regular Session Introduced by Michael Durso and 8 co-sponsors

Requires cooperative apartment boards to give written reasons for denying a share purchase, boosting transparency for applicants and documenting the basis for refusals.

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