New York § 29 - 29Transfer of property to other corporations
Full text of New York New York Consolidated Laws § 29 — 29Transfer of property to other corporations, with citation guidance and answers to common questions.
§ 29. 29Transfer of property to other corporations
§ 29. Transfer of property to other corporations. Any such corporation may lease, sell or convey its property, rights, privileges and franchises, or any interest therein, or any part thereof to any telegraph, telephone or telegraph and telephone corporation organized under or created by the laws of this or any other state, and may acquire by purchase, lease or conveyance the property rights, privileges and franchises, or any interest therein or part thereof of any such corporation, and may make payments therefor in its own stock, money or property, or receive payment therefor in the stock, money or property of the corporation to which the same may be so sold, leased or conveyed.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 29
What does New York Consolidated Laws § 29 cover?
Section 29 ("29Transfer of property to other corporations") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 29?
A common citation format is "New York Consolidated Laws § 29" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 29 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.