New York § 68 - 68Exemption of securities
Full text of New York New York Consolidated Laws § 68 — 68Exemption of securities, with citation guidance and answers to common questions.
§ 68. 68Exemption of securities
§ 68. Exemption of securities. The provisions of article twenty-three-a of the general business law shall not apply to any note, bond or other evidence of indebtedness issued by any cooperative or foreign corporation doing business in this state pursuant to this chapter to United States of America or any agency or instrumentality thereof, or to any mortgage, deed of trust or other instrument executed to secure the same. The provisions of said article twenty-three-a shall not apply to the issuance of membership certificates by any cooperative or any such foreign corporation.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 68
What does New York Consolidated Laws § 68 cover?
Section 68 ("68Exemption of securities") 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 § 68?
A common citation format is "New York Consolidated Laws § 68" (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 § 68 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.