§ 2850 Short Title
§ 2851 Policy and Purposes of Article
§ 2852 Definitions
§ 2853 Nursing Home Companies; How Created
§ 2854 Consent of Commissioner
§ 2855 Prerequisites to Consent of Commissioner
§ 2856 Powers and Limitations of a Nursing Home Company
§ 2857 Members, Officers and Directors
§ 2858 Loans
§ 2859 Conditions and Security for Loans
§ 2860 Rental Rates and Selection of Occupants
§ 2861 Transfer of Real Property
§ 2862 Supervision and Regulation
§ 2863 Payment Out of Earnings of Limited-Profit Nursing Home Companies
§ 2864 Tax Exemptions of Limited-Profit Nursing Home Companies
§ 2865 Voluntary Dissolution
§ 2866 Foreclosures and Judgments
§ 2868 Fees and Charges
§ 2869 Separability

Terms Used In New York Laws > Public Health > Article 28-A

  • Amortization: Paying off a loan by regular installments.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Trustee: A person or institution holding and administering property in trust.