N.Y. Public Authorities Law 3106 – Contributions to the corporation
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§ 3106. Contributions to the corporation. Notwithstanding the provisions of any general or special law or the provisions of any certificate of incorporation, charter or other articles of organization, any corporation, association or person is hereby authorized to make contributions to the corporation.
Terms Used In N.Y. Public Authorities Law 3106
- 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.