N.Y. Benevolent Orders Law 14 – Changes of purposes and powers of corporations incorporated or reincorporated hereunder
§ 14. Changes of purposes and powers of corporations incorporated or reincorporated hereunder. 1. Any corporation incorporated or reincorporated under this chapter may, within the authority conferred and the limitations imposed by sections seven and eight, extend, limit or otherwise change the purposes, objects or powers, or the use or disposition of the revenues of the corporation, by filing a certificate in the office of the secretary of state which shall be entitled and endorsed "Certificate of (stating the nature of the change to be accomplished) of (name of corporation) pursuant to § 14 of the benevolent orders law" and shall state:
Terms Used In N.Y. Benevolent Orders Law 14
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- 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.
(a) The name of the corporation and the names of the several bodies comprising such corporation;
(b) The date of filing of the certificate of incorporation or certificate of reincorporation in each state office where filed;
(c) The purposes, powers or provisions to be amended or eliminated; the purposes, powers or provisions to be added or substituted, and the use or disposition to be made of the revenues of the corporation.
2. The certificate shall be executed and acknowledged by the trustees of such corporation who shall make and annex thereto an affidavit stating that they have been authorized to execute and file such certificate by a two-thirds vote of all the members of each of the several bodies comprising such corporation present at any regular or special meeting of such body, and that notice thereof was duly given according to the constitution and by-laws, rules and regulations of such body.