N.Y. Cooperative Corporations Law 4 – Applicability
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§ 4. Applicability. This chapter applies to (a) every corporation heretofore or hereafter formed under this chapter, or under any other general statute or special act of this state, which would, if it were to be formed currently under the laws of this state, be formed under this chapter, and (b) every corporation formed under laws other than the statutes of this state to the extent provided in section five and section seventy-six of this chapter.
Terms Used In N.Y. Cooperative Corporations Law 4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Statute: A law passed by a legislature.