Public-domain · open source
OpenJurist

N.Y. Pers. Prop. Law § 287

Contents of petition

2014-09-22

§ 287. Contents of petition. The petition shall briefly describe the\nissue, stating the date, maturity and size thereof so far as known to\nthe petitioner; shall set forth the default or proceedings upon which\nthe application is based, and, if based on a default, the fact that such\ndefault has not been cured; shall show the purpose for which the\napplication is made; and shall contain an allegation that the list is\nnot intended for sale, and shall further show that such bond was not\npurchased for the purpose of making such an application; that the list\nof bondholders shall not be for the purpose of communicating with\nbondholders in the interests of an object other than the particular\nindenture securing the issue of bonds; and that such petitioner has not\nwithin five years sold or offered for sale any list of stockholders of\nany corporation, or aided or abetted any person in procuring any stock\nlist for any such purpose or sold or offered for sale any list of\nbondholders of any obligor or aided or abetted any person in procuring\nsuch a list for any such purpose.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.