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us-ny/regulation/20-nycrr/107/4 — 107.4 Use of the terms “shall” and “may”. · Axiom

107.4 Use of the terms “shall” and “may”.

As used in this Subchapter, the term shall denotes a mandatory meaning and the term may denotes a permissive meaning.

in view

Whole section

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As used in this Subchapter, the term shall denotes a mandatory meaning and the term may denotes a permissive meaning.

in view

Whole section