Suffolk County |
Code of Ordinances |
Part II. Regulatory Local Laws |
Chapter 551. Land Acquisition Disclosure |
§ 551-7. Exceptions.
Latest version.
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A.This chapter shall not apply to real property to be acquired for a sewer district project or for County governmental purposes wherein the County exercises its authority to proceed by condemnation pursuant to the Eminent Domain Procedure Law of the State of New York.B.This chapter shall not apply to real property to be acquired from corporations traded on recognized national/regional stock exchanges or traded on the over-the-counter stock market, wherein said corporations' stock is publicly held.C.This chapter shall not apply to real property to be acquired from corporations and other associations duly licensed by the State of New York for the banking or insurance industry.
Amended 8-25-1981 by L.L. No. 34-1981